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

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To: Jack Ryan who wrote (776)10/7/1997 5:32:00 PM
From: Ted Downs   of 1359
 
Jack,

I noticed that IPIC went up 7/8 today. Would you say that this is an indication that IPIC is going to 6 or 7 as you have previously told us or at least please tell us what you base your projections on. Also, I wonder when I should buy puts to "protect myself" since I never give money to the option writers please do give me some expert advice.

Regards,

Ted ( a novice investor )
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