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Biotech / Medical : Novacare (NOV) breaking out...
NOV 15.80+0.9%3:59 PM EST

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To: Todd D. Wiener who wrote (67)4/29/1997 3:44:00 PM
From: R Tapp   of 420
 
Hi Todd:

I started putting client's in NOV last May at 6 3/8. Although we took some profits in March at 13, my client's still hold large NOV positions.

Appears to me that we are going to have a very nice earnings report this quarter. Looks as though the company is setting everything up to deliver some good news. Your $0.17/share EPS projection appears
possible. I only hope Wall Street isn't whispering that figure today.
I'm showing consensus estimates at $0.15, and if that's accurate $0.17 would be a very nice upside surprise.

I believe someone mentioned that NOV might be reporting tomorrow, I'm still showing the release date as May 1st. If anyone has a firm date, please advise.

Later,

RTapp
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