HIPC - up 20% (Record 4th quarter projected) Message Board

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Microcap & Penny Stocks : HIPC - up 20% (Record 4th quarter projected)

HIPC 1.120

+2.8%

Jun 5 5:00 PM EST

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To: jon wilson who wrote (16)	1/24/1997 8:08:00 PM
From: Barry Groves	of 213

Jon, I think the stock has been hurt due to the apparent decrease in revenues from a year ago period. This is probably a temporary thing since one of there plants was not operating at full capacity due to being upgrades for the High Grade Ethanol. Additionally the price of corn has been rising of late, thus decreasing their profit margins. However, with their new deals for grain purchasing and the overseas contract soon to kick in, I still have faith in seeing 10-12 on this stock. Their earnings were really GREAT in my opinion - the shame is that they came out on the day the market dropped almost 100pts. Barry

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