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Biotech / Medical : Novacare (NOV) breaking out...
NOV 15.72+1.2%10:52 AM EST

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To: Apakhabar who wrote (363)1/28/1999 1:01:00 PM
From: Fred Hazeltine  Read Replies (2) of 420
 
TO APAK...

I can't add much more regarding my talk with them. They said no earnings till June. I didn't ask what they expected then. They were very positive the bonds due Jan 15 2000 would be paid. Have you seen earnings for 2nd qtr released today ? They spoke of a restructuring loss of 17 mil plus an actual loss of .01. I printed the qtr report but have not read it in detail yet. My interest in this co. is primarily the bonds. I bought 40 units at apox. 80 and i'm getting a little nervous. My contact at nov is Susan Campbell 610 992 7200.Why not call and report back. I would appreciate it. Fred Hazeltine
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