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Gold/Mining/Energy : Newsys Solutions Inc A. NSS
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To: BM who wrote (67)11/12/1999 1:02:00 PM
From: BM  Read Replies (2) of 111
 
Groome has re-iterated "buy" with target of $1.60.

Other points in their update

- the acquisition is accretive to earnings

- NSS is trading at 0.5 times their run rate, representing a significant discount to other profitable IT firms

- suggest that there may be other acquisitions of similar scale in the near future.
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