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Non-Tech : Turnaround Plays

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To: mrc who wrote (170)12/31/1997 8:12:00 AM
From: David Alan Cook  Read Replies (1) of 206
 
Update on HNV . . .MTEL .. TSSW:

HNV: Hit a new high on the 30th. Big insider buying. . . lots of 13Ds filed ( Notice of increase in ownership over 5% / Basil Regan has been buying shares the last few months. ) Improving fundamentals. HNV will be a smaller company as they cut nonprofitable magazines from business but a more profitable one as the cost cutting program is working.

MTEL: Hit another new high on the 29th. Up over 90% in about 6 months. Analysts like this stock. 5 Strong Buy And 3 Buy Ratings.

TSSW: My top pick. Has been hurt by tax selling. Start buying / adding to your position today. Should see a reversal in early Jan. Looking for a profit soon. First Call has an estimate of .13 for next year.

DC
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