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: mortwald who wrote (369)	2/13/1999 1:38:00 PM
From: Fred Hazeltine	of 420

Restructuring occured when nov divested 40 outlets not determined strategic. Do you know bond fell to 71 feb 12. Talked to stock holder relations no 2 person late feb 12. A normal twice yearly meeting with there banker feb 16 is suspected by some sources to result in trouble. My source says no trouble, she increased her bond holding feb 10. How about someone reading up on the current stuff an calling nov 610 992 7200 ,Sue Campbell, then report back to the rest of us. Ihave 40 units of there bonds and am out $3100 in less than a month. To me things look good . All the financial ratios appear good except debt to equity and that isn't real bad. I'm expecting to hang in and make about 30% next jan 15

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