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Gold/Mining/Energy : Nuvo Research Inc

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To: axial who wrote (11913)	1/22/2003 12:14:14 AM
From: Claude Cormier	Read Replies (1) of 14101

<There's a very good (and conservative) case for earnings of CDN $1/shr within 2 years, on Pennsaid revenues alone.> No doubt that with earnings, DMX will rise. WIth multiple coming down with the bear market, and assuming C$1/share earnings, $8-$15 make sense in 24 months, depending on rate of growth. Short term, assuming HC and FDA, I will be happy with $4-$5. That is the reality of a bear.

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