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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (17328)7/2/1999 10:32:00 AM
From: Jeffrey L. Henken  Respond to of 25711
 
Did I read that quote right? BEPP went to over a dollar and is now 3/8's... Wow, is right.

Talk about volatility. HOMI is looking good in today's competition Joe. The spread is getting a bit tighter so it might bring in enough buying to give you bragging rights today.

I'm looking for a nice pick sitting near support levels. Got one?

Thanks, Jeff



To: Joe Copia who wrote (17328)7/2/1999 10:41:00 AM
From: Witold  Respond to of 25711
 
JNNE is on fire before the July 6 and 15 impact days. EOM



To: Joe Copia who wrote (17328)7/2/1999 10:43:00 AM
From: Country Tyme  Respond to of 25711
 
This may be of interest... just posted as a pick...

Today's Great Pick is:

NOVI

Company Name: Novitron International, Inc.
Recent Price: $ 1 3/8
52 Week High: $3 13/32
Float: less than 700k (very small)
Book Value: $3.27

Novitron International, Inc. designs, manufactures and markets scientific
instrumentation used in clinical and analytical laboratories. For the nine
months ended 12/31/98, revenues increased 25% to $11.3 million. Net loss
totalled $394 thousand vs. an income of $155 thousand. Revenues reflect the
delivery of two new products for allergy testing and the measurement of
drugs-of-abuse.

Novitron is a multinational company focusing on scientific instrumentation
used in clinical and analytical laboratories and in process monitoring. The
Company's Dutch subsidiary, Vital Scientific NV, designs and manufactures
scientific instrumentation marketed worldwide through distributors and
strategic partnerships. The Company's subsidiary Clinical Data (Australia)
Pty. Ltd. distributes diagnostic instruments and assays in the South Pacific
and has a strategic alliance with Medical Innovations Limited for the
development of immuno-diagnostics. The Company's Dutch subsidiary, NovaChem
BV, develops and markets process monitoring technology for petrochemical and
environmental applications.

Israel M. Stein, M.D., President of Novitron International, Inc. stated,
''In fiscal 1999, we reported increased revenues at all operating divisions
with profitable contributions at Clinical Data (Australia) and NovaChem. At
Vital Scientific, the new Hytec 288 manufactured for Hycor Biomedical, Inc.
and the Vitalab Viva Drug of Abuse and Therapeutic Drug Monitoring analyzer
produced for Dade Behring have had a positive effect on sales, but
competitive pricing pressure and increased R&D expense impacted
profitability.''

Dr. Stein also noted, ''In an effort to improve performance for the coming
year, the Company has put in place a cost containment program with a
reduction in force and other cost savings measures, approximately $97,000 of
which was charged to the fiscal 1999 year end results and about $81,000 will
be charged to the results of the first and second quarters of fiscal 2000.
The future annual savings are expected to be approximately $400,000.''

We feel that with this news of increasing revenues and plans for future
growth, combined with a very small amount of available shares (float of less
than 700,000 shares), Novitron's stock price could be near it's 52 week high
soon.