This stock does look attractive at it's current price of $1.45. However a 29% decrease in sales for the prior QTR could put this stock into a tailspin or I see it trading sideways for the next several weeks. I'm going to watch this one but sit on the sidelines for now.
[This message has been edited by Chicoman (edited February 17, 2004).]
Also just a side note....I was very close to jumping into this stock today but that lil devil on my shoulder told me to take 30 minutes and listen to their most recent Conference call which you can find the link to on their PR from last week. I strongly recommend you listen to it....I did and it changed my opinion on buying this stock and I'm glad I took my time to read thru a few things on IPI. They might improve down the road but I don't see it anytime soon...they made mention of 2 major lost sales that they couldnt close deals on that led to the poor results down 29% from last year. Listen to the CC you'll be glad you did.
Out today at 1.46 that is the last time I just jump on a stock I did about 10 min of dd and then bought. That was stupid thank God not costly normally those mistakes cost you money able to pull out with $560. profit not bad for the day but I need to take a shower after sweeting bullets =-) thanks for all your input