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Technology Stocks : NHC COMMUNICATIONS (TSE:NHC) acquiring THE FIBER COMPANY
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To: hugh thorne who wrote (744)6/3/2001 2:12:25 PM
From: Lalit Jain   of 856
 
hugh,

What is Groome's new price target? Yorkton set it at $4 . Are you referring to the warrant exercise price ?

NHC has been testing the $4 level for the last few days. It's still too early to tell if it will survive the $4. The turnover (volume) around the $4 level was very good during the last few days. This is good. It may test the $3.50 on the down side. If the volume dries up while it is declining, we could see a strong upturn. If it breaks down below 3.50, we have a long ways to go for a major bull.

Regards, Lalit Jain
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