he's obviously lying about hp numbers especially if he has no form of forced induction or nitrous. however I would still think you probably won't be able to take him unless if your a much better driver, i know I couldn't take my friends 2001 lude before I was boosted, never had a chance to race him after I got my turbo because he had picked up a 1g awd eclipse before I got it. Although I had some shitty runs at the track I was still able to do better than a prelude with similar mods to my friends.

I contributed to the Wiki!
EVO IX - just a really expensive boost gauge and a K&N air filter
96 Eclipse RS -awaiting registration and inspection
95 Eclipse GS - parts car
Mods/Profile - http://www.2gnt.com/index.php?d=cs82685