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Microcap & Penny Stocks : HIPC - up 20% (Record 4th quarter projected) -- Ignore unavailable to you. Want to Upgrade?


To: jon wilson who wrote (71)11/24/1997 6:12:00 PM
From: Barry Groves  Respond to of 213
 
Jon,

I have noticed this also and have taken the oppertunity to grab a few more shares. The price of corn is high and will probably depress the
profit margins this quater. Also, the concern of Congress doing away with the Ethanol subsidy in 2001 has probably hurt. Let's hope that the plan to allow the subsidy to continue to around 2007 is approved.

As HIPC stated in their last report - they anticipate the operating environment to be about what it was last year. However, with the effects of El Nino on the weather and other oddities occurrin - who knows.

Barry