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To: John Arnopp who wrote (324)	12/23/1997 5:42:00 PM
From: Todd D. Wiener	Respond to of 1080

NM may rally slightly during the first part of January, due to the cessation of tax selling. After that point, it may continue to fall. As a former NM holder, I recommend selling on any rally (or even now). If you plan on paying any taxes this year, it would be advantageous to sell NM before year end. The only remaining support level is at $1.38, the level reached in 1/91 and 1/92, when NM was nearly going bankrupt. NM is now below book value, although that stat is only supportive if cash flow turns positive and book value doesn't erode further. Good luck to all of you, and I hope you make the right decisions. Happy holidays. Todd