IPIC Message Board - Msg: 1957643

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Biotech / Medical : IPIC

IPIC 0.0001000

+899.9%

Aug 15 3:35 PM EST

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To: Paul Dubsky who wrote (546)	8/12/1997 8:25:00 PM
From: Bo Didley	of 1359

Right On Paul!!! This earnings report is EXTREMELY bullish!!! IPIC beat earnings expectations by 21c. with revenue increase of 691%. This is totally AWESOME!!! Unfortunately I am not long on the stock. However, I hope to pick up the stock in the morning at 9:00 est. on Instanet depending on how much the market makers raise it overnight. I've looked at the charts on IPIC and have determined its first level of resistance is at approx. 21 7/8. Should it break this resistance level it has a clear shot all the way to approx. 25 3/4. I fully expect IPIC to break through the $22 resistance level. This news is just TOO GOOD to keep it under $22. Caution: As with any other stock, despite the EXCELLENT earnings news this stocks performance tomorrow will reflect to one degree or another the two important inflationary indicators due out tomorrow morning. Good Luck and Happy Trading, Bo Didley

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