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Biotech / Medical : IPIC
IPIC 0.00010000.0%Aug 15 3:35 PM EST

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To: Bipin Prasad who wrote (1344)2/17/2000 1:27:00 AM
From: Bruce A. Brotnov  Read Replies (1) of 1359
 
Bipin, I bought last week as the earnings report looked good and I liked the solid base at $2. Perhaps the momentum players jumped on this one as it was about 4X normal trading today and then after hours they decided to run it. There might be some news, but I haven't seen any.
They are in the #1 sector in IBD (med/biomed/genetics) and perhaps someone found it in the sector and decided to load up. No complaints from this quarter at any - as I was surprised to see it on the ticker tape after hours.
Maybe tomorrow will tell us more and if nothing else a close over $3 would be great.

Bruce
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