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Biotech / Medical : ICOS Corporation -- Ignore unavailable to you. Want to Upgrade?

To: limit who wrote (586)	12/12/1998 12:35:00 AM
From: Lel H	Respond to of 1139

Thanks for the compliment. I doubt that I'll be out of ICOS for very long. I'll be back in if ICOS drifts down a bit, and I'll be hanging onto those shares until my retirement. Like I said, I am sitting on some big capital losses, and it'll be nice to take these ICOS profits and partially offset them. I hope that ICOS doesn't get taken over. Its pipeline is impressive - much more so than Dr. Rathmann's older "child". In any case, I don't think ICOS is a very attractive takeover candidate, at least not at this point, primarily because of its market cap, which is now over $1 billion. Any buyer out there would certainly have to pay quite a premium in order to get enough people to accept the tender. I don't think that any company would be willing to pony up that kind of cash for a company that does not have any products on the market - regardless of the strength of the pipeline. Again, this is pure speculation on my part - I could use the input of anyone with more information about similar sorts of mergers and acquisitions. What a nice way to end the week. Best wishes and good luck. Lel