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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Richard Mazzarella who wrote (252)10/29/1996 3:43:00 PM
From: Bruce McGaughey   of 35569
 
Speaking of Telescan, they have a thing called "Market Guide Report"
where they track the institutions.
In the week between 10-18 and 10-25 we had net gain 10,000 shares
by institutions.
Plus, we've added one more institution to bring the total up to 12.
In the last three months, institutions have bought 1.43 mill shares
net of any sells. The scales are tipping in our favor.
Institutions now hold 32.53% of our company.
This good because this is not "hot money". These people buy and hold.
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