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Microcap & Penny Stocks : International Nursing Services Inc, old (NURS) new (MDIX)

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To: boydude who wrote (2363)12/22/1998 11:35:00 AM
From: Mike Moran  Read Replies (1) of 2911
 
boydude,

It's always good to see interest in the stock, and I am in a slump picking these things, but experience tells me that Wellpoint isn't interested in acquiring a medical IT company. United Healthcare (UNH) was big time into medical information technologies in the mid-90s (wow that sounds like it was long ago) and failed miserably. But since I've done so poorly at this, it could be that Wellpoint is fixated on an acquisition.

More logically I think that maybe we're looking at a stock that belongs at a higher level. Volume isn't crashing through the roof, but we are getting to the point where settlement dates for tax losses won't cooperate for 1998 any more. I think we might see some more upward price movement.

I'll jump on the bandwagon and wish everybody a happy holiday season. I also agree, 1999 will be better.
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