Instant Publisher (TIPIF) Message Board

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Gold/Mining/Energy : Instant Publisher (TIPIF)

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To: Peter Steitz who wrote ()	1/4/1997 12:16:00 AM
From: Wags	of 23

Peter: Safety is a relative term. I've averaged down on TIPIF to about 75 cents and hope to break even soon. Word has it that sales of the latest model instant publishing unit were slowed down by a dispute between the manufacturer and the sub-contractor on parts/payment. This may have allowed competitors to sneak in and take some of this "niche" market away from TIPIF. My take on this matter is 1) there was a lot of year-end tax-loss selling. If you had bought at 6.50 and were looking at 37 cents at year-end, it probably would pay to take the loss on your spreadsheet. 2) window-dressing. You don't want TIPIF on your list of stocks if you are a fund manager. And 3) I am thinking TIPIF will show an increase in stock price in the first quarter of 97. People tell me sales aren't totally dead, and in fact their printing units aren't doing badly in the marketplace. I doubt if a run back to 6.50 anytime soon is in the cards but a buck to a buck and a quarter sometime in 97 is a very real possibility. This stock seems to have a bottom at 38 cents. Let's hope we bottom-fishers have sniffed another one out. Wag

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