IMP, Inc. (IMPX @ 7 1/8)A sympathy play with IOM?? Message Board

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Non-Tech : IMP, Inc. (IMPX @ 7 1/8)A sympathy play with IOM??

IMPX 4.190

+4.2%

Nov 24 3:59 PM EST

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To: Xavier who wrote (2379)	5/4/1997 9:36:00 AM
From: mike mccann	of 2560

Xavier, I don't follow the biotech/medical instrument or sevice stocks, so I can't really offer an opinion. But LVCI looks particularly perilous. Although there's been a recent expansion in revenues, they're still sustaining the same loss levels of close to $1.00 a year. With a book value of under 2.00, something better happen quickly. Even with the recent FDA approvals, one wonders if they'll ever be profitable. But good luck on it. Now IMPX is a different story. They've only lost money for the last 2 quarters. And they earned 20 cents in fiscal 1996. I think as soon as the revenue comes back, there will be positive earnings. Especially with the recent staff reductions and cost cutting. The fact that they are releasing 4Q earnings sooner rather than later might also be a good sign. Technically they have until the end of June to file their 10K. I've got a lot of wishful thinking wrapped up in this one. Mike

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