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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 (482)9/13/2000 3:57:49 PM
From: cleto  Read Replies (1) | Respond to of 856
 
This is not all that bad..Sure stock is correcting..Lower backlog..No major news( always ecpected by the retail investor)etc. BUT ..you see the 10,000 bids appearing, which is clear institutional buying( perhaps US).Note that top2 from NHC are away in US for the day.With only 1 contract announced (and another pending, UUNET) we have to be pleased to see accumulation in the $ 16.00 area, signifying that some people, esp. institutions are confident in a bright future in our stock...Cleto