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

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To: paul001 who wrote (703)9/19/1997 2:46:00 PM
From: Todd D. Wiener   of 1359
 
Yes, absolutely. First of all, since when has a stock's market cap been dependent upon sales & earnings? IPIC has lots of speculative value (not an oxymoron), because its phase III pipeline is very good. Unlike some biotechs, which have one or two products (or more) either in early clinical trials or at different levels of development, IPIC has 3 drugs which should receive marketing approval within the next 2-3 years. That would quickly transform IPIC into a legitimate drug company, worthy of a market cap far above today's value.

Todd
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