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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: francis terry who wrote (183)	10/14/1998 9:35:00 PM
From: JOE TURMAINE	Read Replies (1) \| Respond to of 656

Francis, hot off the presses. Price is still going the wrong way, but sooner or later they will get the word out. >> NATIONAL REHAB PROPERTIES (NRPI) $.30 The stock has pulled back in price over the last two days on two blocks of stock. The marketmakers pulled the price down to scoup up the stock and it should trade higher. Everything is coming into place for the Company and prices should head higher. NRPI has opened operations in Miami for the construction of new "affordable" homes. Their offices in Miami and Tampa will become branch offices for Realty Money Centeral for the origination of mortgages. That will be an additional revenue center plus give NRPI more control of the mortgage process for their home buyers. Expect construction of these homes to begin later this month. We issued an AGGRESSIVE BUY on NRPI and a buy recommendation has been given by Investment Insights which will be mailed out this week. The Company will be starting to build new homes in the Miami and very soon Tampa. The net profit on these homes will be nearly twice the profit that they would have had rehabing older homes. They also have the advantage that new homes are more desirable by home buyer than older homes. There is a huge market for "affordable housing" in South Florida, where home prices are sky high. Tampa will be the next city for the new construction and it is a very strong housing market. With a profit of twice what they would have netted on strictly rehabing homes, the Company is trading at a PE of 2-3. Trading above $.40 should see a move back to the $.75-1.00 area in the short term. NRPI could earn $.20+ over the next year which would give the stock a value of at least $2-3 <<.(from S4T) Have you ever read anything in " Investment Insights"?? JOE