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Technology Stocks : NHC COMMUNICATIONS (TSE:NHC) acquiring THE FIBER COMPANY
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To: Lalit Jain who wrote (549)10/6/2000 1:03:34 AM
From: Lalit Jain  Read Replies (1) of 856
 
cleto, my feelings of a doubling in price was based on such a low available float for NHC.

Just think of how large this $112m Cdn contract is relative to some giant companies such as Nortel. Nortel has 3.4 billion shares o/s where as NHC has about 17 million. Then extrapolate the $112m Canadian order to reflect the number of Nortel shares. If I do this, then an equivalent order for Nortel would be somewhere in the range of a $22 billion Canadian order !! Now that is huge.

What I am trying to say is that a $112m order for a micro company like NHC is humungous !!!!!

And this is just the start !!!! Hence, NHC could easily double or triple and still be undervalued. Just my opinion.

Regards, Lalit Jain
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