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Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (405)9/11/2002 10:48:07 PM
From: Jibacoa  Read Replies (1) | Respond to of 1404
 
NIHL Had a good up-gap today.Albeit not as large as the one on May 8.<g>

It was up 10.41% with volume somewhat less than average (Of course today was a short trading day.)

They announced early today that an agreement had been reached for Fidelity Management, a company ultimately owned by affiliates of the shareholders of Alpha Digital Synthesis (ADS), to take up a 22% interest in Netmed, its Greek payTV subsidiary.

MIHL has been selling at 0.8 of book, at 0.3 of sales and also below its cash/share.(The P/C is 0.67) The insiders hold 78% and institutions 19% (90% of the float)

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It seems that the R/R on MIHL is favorable at present levels.

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Bernard