Novacare (NOV) breaking out... Message Board

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

NOV 18.35

-1.3%

Jan 30 9:30 AM EST

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To: George S. Montgomery who wrote (386)	4/8/1999 7:15:00 PM
From: Jim Oravetz	Read Replies (2) of 420

George, I am almost always a buy and hold for the LONG term. I have a small position in NOV in an IRA that at one point was up >100%. I liked the long term outlook on NOV when I purchased it >2 yrs ago. Now, I'm not so sure. I simply posted the link to make others aware of this news. I will continue to hold NOV, but find it hard to say that I would recommend it to others. This company will struggle over the next 2-3 years as they sell off the good parts and hold onto the long term care portion. At least they will be out of debt. The PP system doesn't seem to be to kind to companies in this area but maybe if enough complain, the rules will be changed going forward. Who knows? Just my 2 cents. Jim

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