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Biotech / Medical : NSIX -- Neuromedical Systems, Inc.

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To: Pices who wrote (50)10/12/1997 11:29:00 PM
From: Daniel Rimar   of 137
 
Pices:

I wish I new if it was going to pullback or not. It seems to
have some momentum now. The recent press release about the contract
with a hospital in Ohio has helped. I'm really not good at TA or
speculation (although I'm always interested in reading about others TA), I try to find a stock thats temporarily beaten down,
but still has good fundamentals and prospects. I like values, and at 5.5 its still a value IMO. I think it will continue up in the short term, and I agree with Dave's earlier post and short term target of
the sixes. If things go a little stale and no news comes out for a while, you could get another buying oportunity in the 4's.

I cant buy here, because I'm currently fully invested with no free
cash, and I never go on margin. I always hate to average up too, but
I have when a stock really seems to be moving, like APM did earlier this year. It also helps if I know something about the company or
the industry as in this case. Almost two years ago I visited NSIX
headquarters when I was trained to use the Papnet system, and I was very impressed... Thats part of the reason I invested.

Of course now I wish I would have bought about double what I did at
3 15/16... but I guess I should just be happy I'm in :)

Dan

Disclaimer: These statements are my opinion only. I do hold a small
position in NSIX.
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