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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: Mike Simms who wrote (434)	6/7/1999 8:15:00 AM
From: JOE TURMAINE	Respond to of 656

Mike, from Short Term Trader >>NATIONAL REHAB PROPERTIES (NRPI) $.51 on 10,400 shares. Late in the day on Friday, the Company announced that that it has entered into an agreement to purchase a tract of land for the development of 100 residential homes. The proposed price for the homes is projected to be in excess of $180,000 per home generating over $18 million expected revenue. "There is a huge demand for homes in this area and we anticipate a rapid sell out upon completion of this acquisition," stated Richard Astrom, President of National Rehab Properties, Inc. The company announces it has a new Internet Web site, with a temporary address of http:/www.pagelot.com/nrpi.htm The company is in final negotiations on several additional acquisitions and anticipates being able to disclose them publicly in the very near future. The company has 3,000,000 shares of stock outstanding. I do not have firm numbers for you on target prices yet, but we should see a big percentage push up in the price of the shares of NRPI. There are all kinds of estimates that I have seen in the chat rooms on what is on tap for NRPI, but until I talk with the President on Monday, I will reserve longer term targets for a day or two. I do agree with everyone that this is a BIG deal for NRPI, the shareholders and myself, since I recommended the stock two years ago. This Company reminds me of ECEC in the fact that everyone pooh-pooh it until they finally caught the break that made the stock go. I will tell you that Richard Astrom is a real straightshooter and hard worker and that is why we have stuck with the stock through some tough times. This should be the start of the payoff for all parties involed. He has stuck to his principals through some pretty rough times and it is refreshing to see nice guys win. I would not be surpised to see a move of 100-200% in the VERY short term. The word around is that this is just the beginning of news for NRPI. If that is the case, we should see some big moves in the price. We will have a further analysis for you on Tuesday or Wednesday, but I would not wait until then to get on board or add to exisiting positions of NRPI. << JOE