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Non-Tech : NovaCare Employee Services (NASDAQ:NCES)

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To: lofalutin who wrote (238)1/29/1999 12:46:00 AM
From: Todd D. Wiener  Read Replies (1) of 376
 
Hello to all. It looks to be the breakout we've been waiting for. It will be confirmed if NCES breaks $6.25. But the 10% rise today, coupled with high volume, looks rather convincing as a breakout. The next stop for NCES should be around $8. It was a great quarter, especially compared to ASF, which had a 50% markdown today. As others in the industry disappoint, eyes may turn to NCES. Another thought: Based on the value paid for Vincam (by ADP, I believe), NCES would be worth more than $12 in a takeover.

I bought more this morning.

Todd
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