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Gold/Mining/Energy : Nuvo Research Inc

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To: Mark Bartlett who wrote (6035)	12/3/2000 9:30:11 PM
From: DaveAu	Read Replies (1) of 14101

<<Here is a prediction from me - if we get a UK partner announcement this week and the market likes it AND it comes with some decent up front $$$ and royalty numbers, I think we will be knocking our heads at the 12 dollar resistance level very quickly. >> Mark, Here's my counter prediction. When we get an announcement, both the royalty numbers and the up front payment will be kept secret. Anyone expecting otherwise will be sorely disappointed. We'll eventually find out how much the up front payment is when the Q3 results come out at the end of April. We may be able to compute the royalty levels once sales come in but we won't be sure that the royalty will stay level as volume increases. Dave

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