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Technology Stocks : NHC COMMUNICATIONS (TSE:NHC) acquiring THE FIBER COMPANY
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To: Lalit Jain who wrote (414)8/18/2000 6:25:32 PM
From: cleto  Read Replies (1) of 856
 
Lalit...Take it easy..We both knew that all that buying had to reduce the float and it has paid off.. The stock is going to challenge recent highs of 12 to 12.50 area..It will break through only if today's rise anticipates some positive news..Yorkton was the buyer today, so I suspect they smell something...Thus my instincts tell me that we will move to the 13- 16 dollar area for the next week. Disregard any takeover rumorsyou may have heard despite the fact that we have a chance of being bought out when we can show signs of annualized sales of 100 million dollars.Best regards..Cleto
PS..Hear anything about the stockrise????
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