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Technology Stocks : NHC COMMUNICATIONS (TSE:NHC) acquiring THE FIBER COMPANY
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To: cleto who wrote (346)6/12/2000 11:39:00 PM
From: Lalit Jain  Read Replies (1) of 856
 
cleto,

2nd, 3rd, and 4th contracts would be splendid and I hope that US recommendation comes soon.

In today's Financial Post I read that there were about 450K shares short on NHC. This news is so +ve, that I almost jumped for joy. Even with such a large short position, the share price is moving higher. Soon the shorts will have to buy at much higher prices. I think we might soon see a short squeeze. Imagine what will happen if some large contracts are announced. BTW, JP Morgan was a big buyer today.

Cheers, Lalit Jain
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