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Biotech / Medical : IPIC -- Ignore unavailable to you. Want to Upgrade?


To: WeirdPro Randy who wrote (850)11/5/1997 8:15:00 AM
From: Pancho Villa  Read Replies (2) | Respond to of 1359
 
Randy,RE: >>New phen-fen/Redux lawsuit good for IPIC!<<

My advice to you, unless you are in the IPIC PR business, IMO you should sell the stock (I assume you are long) and find yourself a better (and safer) biotech(s) investment. Consider for instance CNTO as an safer/greater potential option. They are already making money, have a good pipeline and Reopro is a blockbuster with additional applications undergoinf trial.

Pancho

(I have a significant long position in CNTO and I use my short in IPIC as a hedge. If I were to be right on both I will do pretty well at a sifnificantly reduced level of volatility)