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September 29, 2004 Stock Pick: IPIX Corporation (IPIX)

Stock Price: $7.50

We first released IPIX as a stock pick on June 17th. We now believe IPIX has bottomed and will bounce strongly off current levels.

IPIX Corporation offers mission-critical imaging including surveillance for the protection of life and property. They are involved in homeland security offering the government and military surveillance solutions.

IPIX ran huge in the past, running over $25 after a mention of the company's technology by Homeland Security Secretary Tom Ridge. It may not jump as huge in the future, but IPIX could easily run to above $15 again.

Their 360 degree surveillance technology has many uses and appears to be the kind of robust technology the industry needs. Its latest use is with DVR/NVR manufacturers.

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