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Technology Stocks : NHC COMMUNICATIONS (TSE:NHC) acquiring THE FIBER COMPANY -- Ignore unavailable to you. Want to Upgrade?


To: Lalit Jain who wrote (24)4/4/1998 1:51:00 PM
From: Ciao  Respond to of 856
 
Good summary of what we can expect from NHC. Good pickings at .40 for yourself. I picked some up at .42 a few days ago and was low balling a bid on Friday. Guess I'll accumulate until it pops.



To: Lalit Jain who wrote (24)4/4/1998 2:56:00 PM
From: carter, p  Read Replies (1) | Respond to of 856
 
The only thing that concerned me from the last report was that revenue was only up 3%, hardly impressive. Yes, they signed a couple of contracts; let's see if this will actually increase revs considerably. Another concern is how thinly traded NHC is. Last week a total of 62,700 shares were traded (not sure of this week). Personally I would like a company that trades at least $50,000 traded every day. IMO-the rest of the quarterly report looked good (definitely improving). I picked up some shares at 42.5 last week and if they can get increased revenues i'm long. Best regards, p.c.