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

To: Joe Krupa who wrote (6948)	3/14/2001 10:23:44 PM
From: Montana Wildhack	Read Replies (1) \| Respond to of 14101

Joe, Those numbers say something else very loudly for the analytically inclined. The UK market was estimated by DMX between 250 million and 290 million pounds sterling. 4 million units at 45 pounds sterling is 180 million. Thats 70% of the UK market. The wholesale price (Provalis to pharmacies [ok - chemists]) is probably no lower than that and I think that's going to be within 90% accurate. SO....... Either the 300,000 figure was wrong or misunderstood. Mark, Ron, Tom, BJ, PTK were all here discussing this last year and may be able to confirm. What I remember without doubt is Peter saying the capacity was that number and that improvements could be made to up that. One thing we can say without fear of error. Expanding plant production has nothing to do with the UK market. So while we're 8 business days from launch, we're already gearing up for the phase after this. I believe we may now be in the bottom quartile of this bear market. More than 75% of the pain has been administered dollar wise though there are still several months to go. Don't forget that tech stocks especially have been revising earnings estimates downwards - so while the prices have dropped in many cases they're just as expensive as they were before. I'm waiting for Ballard at 45 and both Nortel and Bombardier at 19. Last 2 will then become long term holds. Just to add substance, I heard on CNBC that the average Price Earnings Multiple on the NASDAQ tech is still over 100 now. I'm excited too Joe. I'm very much settled in on DMX for the long haul though and its in that timeframe that I have very high confidence of a great return. Wolf