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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Hank who wrote (2383)	2/5/1998 10:40:00 PM
From: Mama Bear	Respond to of 18691

>>>Obviously, nobody expects any stock to go to zero in a straight line just like no stock rises 10 fold in a straight line.<<< Well, BAAT came pretty close to it the last few days, rising from 0.30 to 3.25 in a spectacular move upward. It dumped back down to 1.00 in nearly a straight line as well. Barb

To: Hank who wrote (2383)	2/6/1998 7:20:00 AM
From: Pancho Villa	Read Replies (1) \| Respond to of 18691

>>You and I had a debate awhile back as to whether IPIC was a viable company or not. I took the view that it was wounded but not dead. It had and still does have some value to it. You, on the other hand, insisted that you had determined beyond a shadow of a doubt that it would go straight to zero because you had done all the calculations<< Sorry Hank but you are distorting things a bit, I hope this is due to poor recollection and not just trying to bug me when you have nothing better to do. Here I show you what I replied back in November. If you wnat to verify these replies are real, click on the links and you will see your post, then clik on replies to this message and you will see my reply(ies) to you. BTW, notice also that I post my trades on stocks I discuss at SI, specilly the shorts. Hank, your analysis on IPIC is fine. I shorted at 137/16 the first chunk and 121/4 the second chunk and of course we need to go through quite a bit of a price drop before I need to decide whether I will hold to zero. I may chicken out before. But let's take a moneyless bet long term. My bet is that they will go out of business. Message 2623644 Hank, read all my posts on IPIC and then if you as again I will provide a detailed ratioinale. IMO the big picture is that they will go out of business before they can get any meaningful income from the not so exciting pipe line. Citicoline the closest thing they have is at least 12-18 months away from FDA approval if all goes 100% OK. Of course one can always covers before if hits 0. To be honest to you I may consider covering around 5. Message 2622778 Pancho PS: you seem to put a great deal of time on a stock you do not have a position in. Also, it is a good idea to keep records of what you/people say, specially if you have a poor memory.