Article Abstract:
National Health Laboratories Inc provides various laboratory tests for office-based medical doctors in the US. Dir Howard Gittis and Pres James Maher acquired 83,000 shares from Dec 28, 1992 to Feb 23, 1993 at the cost of $14.39 each. Most of the buying happened after the 4th qtr 1992 reports. Shares are pegged at the low end of a three-year range and the insider purchases suggests that good results are expected.
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Article Abstract:
Integrated Health Services Inc provides subacute care primarily to geriatric patients. Seven insiders cleared out 86,027 shares from Jan 28 to Mar 31, 1993, at the range of $30.63 down to $22.50. Four of these sellers disposed of their shares when the price dipped from $31 to $19.88. These insider distributions suggest that a price recovery will not be seen in the short-term. Caution is recommended.
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Article Abstract:
National Health Laboratories is given a buy rating as of late Mar 1993. Two insiders accumulated 83,000 shares last Jan and Feb 1993 at an average of $14.38 each. VP David C. Flaugh also reportedly acquired 3,570 shares last Mar 3, 1993, at the cost of $13.38 per share. The substantial purchase volume and the formation of a buy-cluster suggest positive developments for the company.
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