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Gold/Mining/Energy : Image Power (IPZ.VSE)

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To: Brad who wrote (76)	4/11/1998 9:18:00 AM
From: Robert van Mil	Read Replies (1) of 383

Brad, > So, why would they even issue at lower than the current price?< That is pretty well standard. Most of the time though the warrants at least are at a premium to the stockprice. What I meant here is that if they bought these shares for their own account, we may well see them start a promotion on it, allowing them to sell them in to the market at higher prices. Watch for a glowing analyst report from them. They may well have a hold period on the PP to deal with first. In general I like that kind of play, as long as you sell in to it, and take your profits. I sold my IPZ on thursday, mainly because there were a few other things I wanted to take a position in, and I could take a good profit on this one as it traded strong. Good luck with it!! All the best, Robert

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