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


To: Mark Bartlett who wrote (8199)12/9/2001 1:43:47 PM
From: Montana Wildhack  Read Replies (3) | Respond to of 14101
 
Hi Mark and all,

While I can take no credit at this point, I wasn't suprised
to see the 4.65 close. I think a lot of us feel the change
and I've spoken to several investors this weekend where
that was universally true.

In the larger perspective now that we've all had the
optimism bombed for so long - its important to remember that
this stock IS ALREADY BEATEN DOWN. The general failure to
secure milestones combined with the September 11 events
(look at the chart) created fertile ground for shorting
and the 3 Amigos.

The chart appears to be forming a rounded bottom.

This ties directly to the events ongoing in securing an
FDA approval for Pennsaid. I have heard enough from enough
sources including Rebecca to believe we truly are at an
inspection point. As Warren so clearly showed, this is
one of the last steps and cannot be achieved without
passing the vast majority of lengthy requirements.

When Rebecca announced the intent to purchase OXO I felt
that was a keen strategic decision since I have great
faith in the marketability of WF10. When I saw zero as a
response by the markets it said to me that all the people
who follow this stock are already maxxed out.

The severe downdraft of the stockprice occured because of
those 4 reasons (lack of milestones, Sept 11, shorting,
and maxxed out).

The stock should rise now because it still has a depressed
valuation with reason to believe we will not go to the
well again for numerous months - but, much more importantly
because we are looking very good for the golden ring with
a first rate marketer. This in markets looking hard for
potential winners. Pennsaid sold by J&J in the US fits
that bill.

The markets will tell us in the coming days and weeks
whether this is true or not. I have my own reasons for
believing that it is and believe that Barcelo got the right
information.

If so, the valuation of DMX property rights and outlook
change dramatically in the coming months.

I strongly doubt we will match the 8.05 close of the
previous year; but, a close in the mid 6's would let us
move on to yet another promising year anticipated.

Happy Holidays to all the hardworking people at DMX and
Bonne Chance to Varennes!

Wolf