NHC COMMUNICATIONS (TSE:NHC) acquiring THE FIBER COMPANY Message Board

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Technology Stocks : NHC COMMUNICATIONS (TSE:NHC) acquiring THE FIBER COMPANY

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To: cleto who wrote (784)	11/17/2001 11:35:41 AM
From: hugh thorne	Read Replies (2) of 856

Cleto, given the net purchases by the houses are really very small in monetary terms, less than a couple hundred $k, why do you think there is any accumulation? I still think we are really just seeing exisitng shareholders averaging down their ACB's. I know i have done that, going from an ACB of $10.00 down to $4. I don't see any reason to average down below this, NHC will either fizzle or easily see $4.00 per share. I would think that if sales dribble in, we won't get an "eagle2000" kind of crazy jump. If however, it's more like a dam bursting, i guess it could really pop! It is frustrating as we have all been allocating a fair bit of time to this baby for a long time. It always seems that we are trying to see around the corner.

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