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Technology Stocks : NHC COMMUNICATIONS (TSE:NHC) acquiring THE FIBER COMPANY

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To: cleto who wrote (333)5/12/2000 6:11:00 PM
From: Lalit Jain  Read Replies (1) of 856
 
cleto,

Profit taking I guess. Some that have wanted to get out for a long time, have. Some may have been shorts, other are probably day traders, and a few buy and holds.

The sell off could also be because of the FOMC meeting Tuesday.

I guess it would be safe to say that NHC will not technically break down over the next couple of weeks, and hence I expect NHC to be a stellar performance over the next 6 months (I hope I am right).

Have a good weekend.

Regards, Lalit Jain
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