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Microcap & Penny Stocks : NUMD: NuMED Stock of the Month on SmallCap Investor
NUMD 0.0250+2.8%Nov 12 10:56 AM EST

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To: Rex who wrote (1)4/20/1997 1:11:00 AM
From: Jeff Grossman   of 49
 
Things seem to be going very well for NuMED. In the last couple of months they have been awarded two large contracts which have not been announced yet. I would expect to see press releases sometime soon. Once the press releases are out, I will have more confidence that a turnaround is actually in progress. The new contracts combined with recent cost cutting could return NuMED to profitability as early as this quarter. Unfortunately, the current quarter results won't be announced until August, I believe. If everything keeps going well for NuMED, I wouldn't be surprised to see NUMD rise 50 or 100% from its current price ($1.50 x $1.625).

-Jeff
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