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Biotech / Medical : Novacare (NOV) breaking out...
NOV 15.67+0.9%3:59 PM EST

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To: Tradegod who wrote (327)9/1/1998 11:55:00 PM
From: Todd D. Wiener  Read Replies (2) of 420
 
You make a good point. Still, I don't believe that there's anything wrong with NOV. Selling begets selling, and the breadth in the market was about even today, by some accounts. I had some big rebounds, but some continued to slide (like NOV and NCES). I cannot believe the values in NCES and especially NOV. Once the company completes the expected spinoff of its businesses, we should see an increase in the value of our NOV holdings, even if the NOV stock doesn't increase. NOV's business is much stronger than its stock. This downdraft is hard to believe, but I'm convinced that it's a better value now than it has ever been. I'm considering adding more.

Todd
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