IPIC Message Board - Msg: 1962796

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Biotech / Medical : IPIC

IPIC 0.0001000

+899.9%

Aug 15 3:35 PM EST

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To: Graham Marshman who wrote (556)	8/13/1997 12:39:00 PM
From: Thomas C. White	of 1359

"Incantation". I like that. I was surprised not to see more "oomph" in IPIC this morning, up about a half right now on solid but not overwhelming volume. I was hoping for an upside gap. Going back to the DLJ recommendation (Alex To), their focus seems to be principally on the citocoline factor going forward, and the opinion that IPIC was previously oversold, so I guess that even beating estimates by this margin is not kicking the stock into high gear right now. There might even be some downward pressure coming up as some who bought cheap and held through earnings hoping for a pop may exit their positions. Probably doesn't help that AMGN got creamed yesterday either.

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