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Strategies & Market Trends : Canadian Options

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To: Chris Stovin who wrote (425)5/10/1997 3:39:00 PM
From: Dave.S   of 1599
 
Chris:

I am quite bullish on NNC because I believe the earnings were very good in the fourth quarter which just ended. The earnings will be announced on June 3 along with the year-end results. Analysts estimates are 28 to 31 US cents, I'm expecting more.

An article on the ATM market was recently given on the SI/Newbridge thread. It was reprinted from the Electronic News, written by Jeremy Duke. See Reply 1566, May 8. Please read it and give me your impression. I'm too bullish on NNC to give objective advise.

If you are bullish on the stock, make an estimate of the stock price and buy the call line which will give you the greatest percentage gain.

Dave
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