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

To: Pancho Villa who wrote (956)	12/25/1997 2:58:00 PM
From: Pancho Villa	Read Replies (2) \| Respond to of 1359

From the FY97 results press release: "Consolidated selling, general and administrative expenses increased to $24,890,000 in fiscal 1997, from $17,167,000 in fiscal 1996. This increase primarily reflects costs related to the Redux sales force, regional test marketing and preparation for the national launch of PMS Escape, expansion of facilities at Interneuron, INCREASED USE OF CONSULTANTS, and market research in connection with CerAxon. Consolidated selling, general and administrative costs for the three-month period ended September 30, 1997 totaled $6,174,000, compared to $5,989,000 for the three-month period ended September 30, 1996." Interesting... my remark in previous post was made before reading the release in detail. IMO burning/grabbing as much of the cash seems to be the name of the game from now on. $140 million [or whatever is left by now] is a lot of dough better use it up than have it end up in the pockets of litigation lawyers. Pancho

To: Pancho Villa who wrote (956)	2/13/1998 9:55:00 AM
From: Pancho Villa	Read Replies (2) \| Respond to of 1359

To All: click on the message I am replying to so that you see what I had to say last December about earnings for the quarter just reported. Look at the cash going down like hell and current liabilities are still at 30 million. Where do you think the money to pay these liabilities will come from? Will short again if it crosses 12. I hope you longs give me a hand on pumping up the price. With no shorts around to keep a balance stock promoters have the ground all to themselves, but still the stock is stuck under 10. BTW, did anyone notice the stock is in the short list of a very smart guy this weekend oin Barron's? Pancho