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Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?

To: Anne Lamb who wrote (25232)	11/10/1997 1:56:00 PM
From: Bob Markley	Read Replies (1) \| Respond to of 35569

Anne, ... stock has overhead supply (people bought at higher prices) between here and the old high of 14 1/2. Alot of that overhead supply has dissipated over the last 8 months or so. we don't know where it will open as we don't know the report results & can only est. the float & short interest and the overhesd supply, ... I was thinking that it could gap over all overhead supply into the $16-20 range on good numbers,... but have to wait & see. If it opens in the $10-15,... that's ok as the stock will be both in an upward rally AND an uptrend. Best, Bob