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Microcap & Penny Stocks : nhmcf -- Ignore unavailable to you. Want to Upgrade?

To: MoneyPenny who wrote (275)	11/16/1997 11:20:00 AM
From: risk-averse	Respond to of 702

Do you still own the stock? If not, then are you saying that those of us still holding on to it remain "unsuspecting investors" and that we should have realized this sooner? I guess what you are also saying is that the reason for the recent dip is that the "unsuspecting investors" finally woke up! I am curious to know your position given that everything I have come across about this company has been positive and heading in the right direction.

To: MoneyPenny who wrote (275)	11/16/1997 12:59:00 PM
From: bullmarket	Read Replies (2) \| Respond to of 702

Dear Sharon, Although I am bullish on nhmcf (this fact is obvious from my posts), I do understand your skepticism, based on the past behavior of this stock price. A problem with the perception of nhmcf as a company may be the investing public approach to its stock as a momentum/speculative play vs. as a long-term, fundamental-based play, based on the potential of this young but growing company. The stock price of this young company has definitely had its ups and downs, which may have an effect on momentum investors looking for a "quick kill". However, I would recommend taking the patient, fundamental investment approach re. nhmcf. Keep in mind that this is a young company which is patiently building a base which (hopefully) will make it a great stock in the future. For example, rather than concentrating on a profitable bottom-line early on, they made acquisitions which will make them bigger and better in the long run, although it may hurt their short-term bottom line.The charges for these acquisitions should be mostly one-time charges which will not, for the most part, counted against future earnings. In addition, their alliance with Sysco will definitely help them in the long run. Nhmcf is in the business of selling products to hospitals at a cheaper price due to increased efficiency. It takes some time to build a client base in this business ( to make yourself known to potential buyers, have your products "prove" themselves to customers and have customers sign major contracts after their existing contracts with your competitors have expired). With its increased revenues every quarter, I am confident nhmcf is getting there. It is fair to be skeptical of nhmcf given its past stock price volatility. However, once this company starts announcing major contracts along with continued revenue growth, added in a major part by its previous acquisitions, I suspect the momentum will carry the stock price upward. One can choose to either invest at the bottom based on its fundamentals and potential as a long-term play (as I have) or wait for signs of its "coming of age"(e.g.major contracts) before buying its shares. Bottom-line: be patient with this company. It has the potential to do VERY WELL.One thing to keep in mind is that its employee options price starts at around 6-6.5 dollars.