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


To: Pancho Villa who wrote (960)12/28/1997 5:05:00 PM
From: Andrew H  Respond to of 1359
 
>>High class Wall Street prostitution at its best.<<

Hey, Pancho, this is unfair. Lehman's generally does excellent quality biotech analysis. IPIC does have good prospects from their two lead drugs. However, these prospects are less than certain. These two drugs, IMHO, make a short position risky.

I also agree that the liability issue makes a long position in this stock too risky at this time. As the analyst said, there will be a shadow over this company for a long time.