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


To: cleto who wrote (341)6/7/2000 9:46:00 PM
From: Lalit Jain  Read Replies (2) | Respond to of 856
 
cleto,

This NR is an excellent release. One only has to understand the powers of the FCC. If the FCC endorses NHC's VCCS solution as a standard, NHC will be given instant world wide recognition, and, ILECs and CLECs will come in masses to buy NHC's VCCS solution. NHC has a good chance of convincing the FCC to this extent. Why not ? After all NHC has a far superior switch than most of it's competitors.

This release also gives NHC high visibility at SuperComm 2000. I think NHC's management has to be commended for this well timed release.

Technically, NHC is showing very good strength recently. Recent action would indicate that some repositioning is going on. Once it is finished, NHC should hopefully move higher. The techs are looking stronger recently. After the next Fed meeting, I think stocks could make new highs.

I am going to sit back and enjoy the coming summer rally.

Cheers, Lalit Jain