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Biotech / Medical : Incyte (INCY) -- Ignore unavailable to you. Want to Upgrade?


To: Rocketman who wrote (771)11/4/1998 1:21:00 PM
From: Vector1  Read Replies (1) | Respond to of 3202
 
Rman,
I was told that as recently as a few weeks ago questions were raised as to whether these patents would issue. Look for all of the analyst who cover INCY to put out reports covering the significance of the the patents. These reports will push the stock in the SHORT TERM to $40. The signing of addtional partners for the databases will drive it from there. What we are seeing is grounds for substantial multiple expansion. As a result the impact of addtional revenue will be even greater.
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