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

To: ernie de la fuente who wrote (973)	1/8/1998 8:01:00 AM
From: Ted Downs	Respond to of 1359

Ernie, Does DLJ have a large holding in this stock? If so, maybe they are looking for buyers if they decide to dump! Just a thought, be cautious here. I would doubt at this late date and with the punishment ipic has taken over redux that this would be their motive. However, I will qualify that statement with this " Are all the brokerage houses above suspicion "? No, everyone these days has to take every recommendation, bit of hype etc. with some caution. I will say that the last time I bought a DLJ stock which they were pounding on the table for was smtk at $13, which was up over $2 yesterday with a new high at around $27 and a new target of I think $45 or so. Occasionally, that great opportunity arises and it's up to each individual to make their own decisions and do their DD. Good Luck. Ted