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: Barry Groves who wrote (24)	3/6/1997 6:47:00 PM
From: jon wilson	of 213

Apparently this all involves some states senator that introduced a bill to do away with the ethanol federal incentive . Speaking to the IR man he says it will all have to work its way through the Gov and we wont know the outcome till summertime. He didnt seem to be the least bit concerned though. Made it sound like a bunch of BS. Earnings sounded to be right on track, corn prices look OK. I think we are way undervalued at this level, I think were at about a 5PE level, should be more like 8 or 9. Hopefully we wont get too much of a big price spike in corn and the stock should recover nicely( Hopefully double from todays closein say 8-9 months TOPS. Your thoughts?

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