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: Jerry Rush who wrote (159)	5/21/1999 3:59:00 AM
From: Wade	of 213

Jerry, I would like to find a right formula to estimate the true value of HIPC by comparing it with other companies selling ethanol. I saw some one mentioned this at Yahoo thread about a month or two ago, but I had hard time to find it again. It mentioned several big companies but ethanol is only a very small part of their business. Is ADM on the list? It trades with a P/BV of 1.5 which should give HIPC a $5 target. ADM stock price got hurt due to price fixing scandal. It should trade at much higher ratio if they do not have this shadow over their head. I am very positive about HIPC's future. Good luck. Sincerely, Wade

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