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Technology Stocks : NASI (North American Scientific, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: DD™ who wrote (550)6/30/1998 9:33:00 PM
From: Solid  Read Replies (1) | Respond to of 658
 
DD-

I made a phone call today, can't disclose source. Talked with firms analyst and feels drop may be due to some of the 800,000 in private placement finding its way onto the sell side from the holders with the Oppenhiemer deal which raised what, 13 mil for nasi? Also thought that the 280+ PE ratio means the stock price was ahead of itself. Mentioned this area 18-22 may be home for a while until more numbers come out. A while down road see's excellent continued growth and appreciation. Wish I had been less quick to load up at higher prices, but time should heal this wound to a non-visible blemish.

FYI

Solid