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To: Dave H who wrote (675)	12/21/1997 5:16:00 PM
From: Sergio H	Respond to of 2377

Dave, NVAL looks good. Nat West set a 12 month target of $7 in May. That is before NVAL bought Midwest Vision in Oct. for what seems to me to be a great price. The revs from this acquisition will improve the balance sheet further, even though the company has been doing a fine job. Same store sales are up and margins are up. NVAL operates vision centers adjacent to Wall Mart Stores in about 340 locations and has about 40 stores in Mexico. They are able to enjoy a tax loss carryover position to protect their profits and are in the process of negotiating with Wal Mart to add more vision centers. There was some insider selling earlier this year for what seems to be personal reasons, but overall this looks like a good value at the present price. Sergio

To: Dave H who wrote (675)	12/21/1997 5:59:00 PM
From: freelyhovering	Read Replies (1) \| Respond to of 2377

Dave--Apropos of our short discussion-- and then there is Ground Zero at Message 3013272. Myron

To: Dave H who wrote (675)	12/21/1997 6:17:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 2377

Dave H's scan list continued: GUCO - Grand Union Supermarkets Balance sheet is a mess. The company is highly leveraged. Interest payments are about $113 milion per year. Co. is trying to get out of the hole. New CEO, new management and new Directors. No analyst coverage and no progress seen yet. Any upswing in price is a vote of confidence on the new management. MICG This is a nice little company but I would need to research it more thoroughly before buying. Last quaterly report has decreased profits and earnings due to decrease in business from ther number one customer, Sord Computer division of Toshiba and due to increased research and development costs. This contract terminated in Sept and has not been renewed. MICG did sign a new deal with 3 M in July and shipments of about $1.7 mil begin in the first quarter of '98. They have $1.2 mil in cash and their product seems to be one of a kind. Check it out at www.softboard.com Sergio