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Technology Stocks : NASI (North American Scientific, Inc.

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To: Michael Paul Langley who wrote (450)3/2/1998 11:16:00 PM
From: richard houchin  Read Replies (4) of 658
 
Michael:
I have been wanting to respond to you,but up to now had
nothing i can give you as to the future of nasi. as you
know i am very positive on it personally, but that is mainly
because i have known and been associated with the company
since 1990 as a shareholder.
However, today a friend told me about the a report put out
by M.H. Meyerson Company about a week ago. M. H. Meyerson
put a 'buy' recommendation on the stock with the following
projections:
They are projecting the stock to be $45/share by 12 to
18 months.
Also, the shares outstanding will increase to 4,251,000
with no debt for fye 10/31/98 and will have gross
revenues of 12,220,000 and eps of .90. (note this
is this current year)

they project fye 10/31/99 revenues to 29.500,000
with 5,500,000 shares outstanding and an eps of 1.81.

they project fye 10/31/2000 to be 2.35 per share with
gross revenue of 51mil and 6.5mil shares outstanding.

Hope this helps and sorry for the slow response to your
request. You should put nasi on your favorite stock, as
wait to the day ibd daily discovers nasi. i personally
am expecting an announcement of fda approval of the paladium
isotophe (excuse spelling) this month. (I was only off
about 2 months on nasdaq approval of nasi. oh well.
take care and i hope this helps
thanks richard
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