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Microcap & Penny Stocks : nhmcf

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To: trader who wrote (239)10/25/1997 4:46:00 PM
From: bullmarket  Read Replies (1) of 702
 
Talked to Alex T. of IR department on Friday PM re earnings release (initially thought to be Friday)-it should be out "early next week"
Several things about the company which impress me (granted, I have not had the chance to go to Winnipeg to visit the facility):
-The company recently switched accountant to A.Andersen, which would lend increased credibility to their financial standing.
-The company has been aggressively marketing itself to the investment community (e.g. hosting an open house with analysts/brokerage house types recently). They must really believe in their plans and their products to be "showing off " so early in their development.

If revenues continue to grow as projected and if analysts'buy recommendations start to pop up after earnings reports, things could get interesting.Also, investors flocking away from high tech volatility/big cap stagnation/ Asian markets problems to look for promising small/micro cap stocks may "discover" this one (increased visibility that accompanies impressive revenue growth). Finally, if the robot continues to deliver, wouldn't it not make sense for some major companies (eg J&J, Baxter) to look at nhmcf as an acquisition/partnership possibility?
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