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Biotech / Medical : IPIC
IPIC 0.00010000.0%Aug 15 3:35 PM EST

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To: WeirdPro Randy who wrote (1034)2/13/1998 1:39:00 PM
From: Pancho Villa  Read Replies (1) of 1359
 
>>Based on your "revolving door " analogy, they have pushed out 12 million more than they brought in<<

This is right. They had a net reduction in short term liabilities of 12 million. Yes, they are paying their bills, after all they do have the cash, after all some of their liability holders (who are also stock holders) do want to get paid the more money taken out the better. The Company is still very far from having cash problems though. Plenty of money for every one!

Pancho
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