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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 43.28-2.1%Jan 23 9:30 AM EST

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To: Stock Watcher who wrote (11672)7/2/1999 12:03:00 PM
From: RCJIII  Read Replies (1) of 52051
 
MCOM up $5.50, RMTIW up .25. Consider NAMC for next week SW.

They are an alternative dispute resolution firm. They basically handle negotiated lawsuit settlements and arbitration. The interesting thing is that they just launched a new internet based auction system for lawsuit settlements.

They have several major insurance companies on board. Cases that the insurance companies would like to settle (slip and fall, workers comp, etc) but would like to avoid serious legal expense, they can employ NAMC.

It looks to be a huge business. Kemper just sent them 1,000 cases. More are sure to come.

They have $2.5 million in the bank, so they have staying power.

Only a few million shares outstanding with a float of just 2 million.

Insiders have been buying, the stock looks great to me.

Please consider it for the index.

RCJIII
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