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Biotech / Medical : IPIC
IPIC 0.0001000+899.9%Aug 15 3:35 PM EST

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To: Todd N. Weisrock who wrote (590)8/28/1997 10:00:00 AM
From: sds   of 1359
 
So long as there isn't a sink-hole beneath the basement!!!

IPIC has a great pipeline, but this could be the start of some trouble. First, we all know what a litigous country we live in -- if someone kicks off because of Redux, the suit will be filed before the body is buried -- that could have massive downside.

Secondly, this could permanently impair relations with the FDA. The FDA is a weird organization anyway, and the PR nightmare that this may become could make them gunshy of IPIC's future products -- yes the FDA can be like that. I have a tremendous respect for the work the FDA does, but they can still be petulant and vindictive if they choose to (not to mention that their drugs will go in front of an advisory panel that won't be significantly different in terms of members).

I love the pipeline and I've made money trading this stock. I really do hope this is a buying dip, but there other issues...

sds
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