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Strategies & Market Trends : Charts With An Attitude; Trading In & Out

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To: Cornstock who wrote (3727)11/18/1997 12:36:00 PM
From: James Strauss  Read Replies (2) of 4701
 
Selling NURS...

Peg and All:

I've decided to sell NURS...

This snipit from their latest Qtrly report has me concerned:

On October 19, 1997 the Company sold a New York operation and entered into a definitive agreement to sell two other New York operations. The three New York operations provided approximately $2,566,000 in revenues for the quarter ended September 28, 1997. The sale of these operations will substantially reduce the Company's revenues.
..........................
Whenever there is a potential reduction in revenues, I don't like it... So, I'll step aside for the time being...

Jim
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