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Technology Stocks : NHC COMMUNICATIONS (TSE:NHC) acquiring THE FIBER COMPANY
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To: Marc who wrote (551)10/7/2000 2:42:44 AM
From: Lalit Jain  Read Replies (1) of 856
 
Marc,

Thanks for the info. However, I feel that the C$30 target is very conservative. In a dull market, analysts are reluctant to give higher targets. In relative terms, NHC should be 50+. I was disappointed at today's market action. The turnover was however healthy which should lead to much higher prices next week. There was no newspaper coverage Friday on NHC's contract. Normally a win like this would have made headlines in all newspapers and TV channels.

Remember there is a trade show in Chicago, Oct. 16-18. We could get good news again.

NHC is getting bigger and bigger every quarter. Soon big brokerage houses will no longer be able to ignore it. Where was NHC a year ago, where it is today, and where will it be a year from today ?

Regards, Lalit Jain
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