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


To: Rocketman who wrote (946)3/25/1999 10:55:00 PM
From: LLCF  Read Replies (1) | Respond to of 3202
 
< Anyone else find anything earth shattering?>

I didn't read last years (or all of this years yet!) but they did seem to really stress all the "butt covering" stuff at each turn. "Very competitive business", "can't guarantee customers will renew deals", "cant guarantee we can fulfill our side of the deals", jadda jaada jaada. This is probably all standard, but it did seem a bit excessive. Also, I may not have gotten there yet (reading it online), but have they changed or even mentioned revenue/earnings guidence?? Last numbers I saw was they expected revenues of $190mill this year... and as stated they would spend that money on their project among other things... which makes sense to me... hell there's only so many proprietary widgets... go get 'em quick.

I guess the drivers for the stock going forward will be new deals and deal renewals... and they just announced an expansion of one in FEB I believe which would not be in the 10K??? Upside surprise if they can swing another one or 2 new deals?

DAK