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Technology Stocks : NHC COMMUNICATIONS (TSE:NHC) acquiring THE FIBER COMPANY -- Ignore unavailable to you. Want to Upgrade?


To: transmission who wrote (164)1/31/2000 11:08:00 PM
From: SteveG  Read Replies (1) | Respond to of 856
 
with a significantly lower cost basis, it's difficult to handicap objectively at this point. like i said, i think the stock is easy near term to C$10 and would look for at LEAST C$10-C$15 to lock even a portion of our profits.

that having been said, i could certainly see NHC into the C$20s and beyond - as more contracts get added and as this hot field kicks into full gear this year. my bet is they get bought out within 12 months, and it won't be for under C$25 and depending on contracts they get, COULD be for north of C$50.

so how high to buy? your call.

as i told you, I'll be at BOFA's tech conference in the AM, so won't be able to post much TSTN pre-market activity.

good luck
steve