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Microcap & Penny Stocks : NRPI at a new low but company is making money. -- Ignore unavailable to you. Want to Upgrade?

To: myturn who wrote (153)	8/17/1998 6:59:00 AM
From: ROSARIO	Read Replies (1) \| Respond to of 656

We should see a good follow through from Friday's action. Heavy volume, Friday afternoon, 4 times the norm, bid up 9% ask up 15%. This should be a great play for us this week and beyond!! Good Luck

To: myturn who wrote (153)	9/14/1998 8:09:00 AM
From: JOE TURMAINE	Respond to of 656

Reason, the outlook for NRPI continues to look better all the time, someday the price should catch up too. From S4T >>NATIONAL REHAB PROPERTY (NRPI) $.42 The Company had final meetings over the weekend with the mortgage company providing the $2.5 million revolving line of credit and funding will begin before the end of the month. Look for the Company to annouce that they will not only be opening operations in Atlanta, but also in their original market of Miami, FL and also Tampa, FL. These locations are all very vibrant markets and NRPI will be able to meet their Year 2 projections just from the 4 locations that they will have shortly. Selling just 200 homes per year will mean around $.20 per share in earnings for NRPI. The Company recently announced a share buyback of up to 400,000 shares of the 2,200,000 share float in the open market, which is nearly 20% of the float. That indicates that the Company sees at present levels, the stock is severely undervalued. You should see that buyback form a good base under the stock. An additional block of construction financing should be announced very soon will will allow NRPI to increase the number of homes that they can rehab to much higher levels. As I have mentioned in the past, I have felt that the Company's goals of 100, 200 and 400 homes over the next 3 years were rather conservative. With access to blocks of construction financing, they have the ability to make a strong move forward in their business plan. They are receiving offers from mortgage brokers around the country for financing and/or to bring their system of buy, rehab, sell and finance affordable housing to their city. The Company is also be courted by cities and civic groups to rehab homes in their communities. There is a huge need in the U.S. for affordable housing and an even larger supply of houses that need to be turned into affordable homes that will improve neighborhoods and increase the city's tax base. With a base set at present levels, we should see a rally back up to the $.75-.80 range. There will be two newsletter writers, that will have a buy recommendation out on NRPI in September. At the close, there were 3 marketmakers offering stock under $.45 and the next offer is $.54. JOE