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Bearmove

01/22/03 1:30 PM

#67233 RE: sandw #67227

>>>Bearmove do you see any virtue in ICPT? thanks.<<<

Looks like volume is slowing which may be positive. Book value is at $16.57......co has $1.77 in cash. Expects to post 2002 earnings of 92 cents to 98 cents a share, below the guidance it provided back in November, when it forecast earnings of $1.11 to $1.15 a share.

Personally I see better opprtunities out there. Since volume is slowing ICPT may be near a bottom.