Novacare (NOV) breaking out... Message Board

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Biotech / Medical : Novacare (NOV) breaking out...

NOV 15.72

+1.2%

10:52 AM EST

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To: AP who wrote (358)	1/5/1999 9:17:00 PM
From: Fred Hazeltine	Read Replies (2) of 420

Just finished reading there last qt. statement. Financially things don't appear bad at all. They took there big hit in mid summer like many others. Their sales have grown a lot in recent qts . They claim their problem came about because of a change or delay in medicare reimbursment and it soon will be rectified. I learned they have some ties with Columbia Health Care This worries me because of Columbias problems with medicare. Are you aware they spun off a company a few years ago, Nova Care Employee Services, NASDAQ NCEC. I'm new to SI and haven't figured out how to research them. They are also an industry leader. I wonder how they are doing. All in all i'm impressed and intend to follow. Fred Hazeltine

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