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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?


To: Cal Gary who wrote (6592)1/27/2001 10:50:40 PM
From: Montana Wildhack  Read Replies (2) | Respond to of 14101
 
Hi CG,

The bottom line is that for me the nature of this investment
changed with the Provalis deal. All lights green to the
revenue flow from the European market.

Since I have confidence in Pennsaid's ability to grow sales
well over time, I knew it was inevitable that I would see
satisfactory growth in shareprice over the next couple of
years and meet my low end goals.

Having bought the majority of my shares around June 98 at
an average 3.25 price - a $21 shareprice June 2002 breaks
a 60% compounded annual return over 4 years and puts me
nicely in line for my minimum 50% requirement over 5 years
(over 7.5 times my original investment but at that pace
I could have stayed in Bombardier).

Time to relax. I'm in. And a premium for the risk looks
good.

Almost 3 weeks ago I posted on Stockhouse this shift in
Dimethaid's nature and wondered out loud 'what else DMX
can do' to up the ante.

I may have hammered on the $50MM a bit - but what you
cut out is the point and its a big one.

Acqua believes Dimethaid will do considerably better than
my numbers above. Europe doesn't cover that. So by
this action, I know something else is on the way and its
not small or incremental and Acqua likes it.

In a nutshell, regardless of any short term dips, both the
minimum needs and premium wants are looking good for this
year of the snake.

Mongo like stock.