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Biotech / Medical : IPIC
IPIC 0.00010000.0%Dec 18 4:00 PM EST

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To: margaret foley who wrote (609)9/2/1997 4:46:00 PM
From: P.Prazeres   of 1359
 
Another problem is that Redux revs are down 40% from their peak...It looks like the path to least resistance is 17.50 by options expiry...

Also, on the market...it might not be a bad idea to consider liquidating some of the winning positions in the next few weeks (into strength). The rally to come should fizzle out and the end of this month into October could be very painful for all...

Paulo
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