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Biotech / Medical : Novacare (NOV) breaking out...
NOV 15.80+0.9%3:59 PM EST

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To: Bill Boy who wrote (95)7/17/1997 10:50:00 AM
From: jsabelko   of 420
 
I think the sell-off may be related to the furter escalation of the
Columbia/HCA investigation that was announced after the bell yesterday. Someone may have caught wind early. I believe NOV works
closely with Columbia especially in Atlanta. I noticed NOV was very
weak a few months back when this Columbia investigation was first
announced. I too am nervous and have contemplated selling, but I'm hoping for some sort of announcement concerning the spin-off.
When are earnings due?

good luck

joby
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