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valuemind

08/04/05 11:13 AM

#18391 RE: tmcal6 #18387

In my opinion, building material firms like IPII is much safer than biotech companies where many investors lost lots of money due to high promise and low delivery in 2001, and IPII deserves as good pe multiple as biotechs if not better. Threrefore, if it earned $0.5 in 2q, IPII should be traded at $40-50