IPIC Message Board - Msg: 2202977

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Biotech / Medical : IPIC

IPIC 0.0001000

0.0%

Dec 18 4:00 PM EST

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To: WeirdPro Randy who wrote (647)	9/15/1997 11:52:00 PM
From: Michael Young	of 1359

I don't have a position in IPIC, but I think buying puts or shorting is for suckers at this point. This stock held up much better than expected on this news and looks to be near a bottom. Maybe the product pipeline is being "hyped", but at least the stroke drug has already cleared Phase III testing. Most biotechs can't seem to bring a single decent drug to the market. IPEC brought Redux to market and will likely be selling the stroke drug by late 1998. Sounds better than 90% of the biotechs I see. MIKE

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