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Biotech / Medical : Novacare (NOV) breaking out...
NOV 15.67+0.8%Dec 19 9:30 AM EST

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To: Sigmund who wrote (286)5/29/1998 12:47:00 AM
From: Todd D. Wiener  Read Replies (2) of 420
 
The chart certainly looks very negative. The long-term uptrend has been broken, and the volume has been heavy on selling.I am going to talk to the company tomorrow, to see if there is any fundamental reason for the stock's activity. NCES has pulled back as part of a normal correction, along with some other PEOs. But NOV seems to be in bad shape. I hope to get some information from NovaCare.

Still long,

Todd
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