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valuemind

01/22/05 9:24 PM

#2443 RE: mikeo56 #2431

My concern on ipii (though I still keep 20% ipii shares I bought a year ago):

1) Construction is highly cyclic industry, and one year's good result may be followed by one year' poor result, especially when economy turns sour.

2) I do not understand why the market responds to ipii's reverse split so well. For me, reverse split means that the company menagement does not have confidence to grow the company in long term so that the company share price will advance to over $4 by itself.

3) When the company tries hard to promote stock price by means such as reverse split and Nasdaq listing instead of fully focus on business development, it may not be a good time to put in new money.