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Nov. 30, 2006
NMHCS SHARES PLUMMET ON 2007 PROFIT WARNING
Shares in National Medical Health Card Systems (Pt. Washington, NY) plummeted 22% to $10 for the week ended Nov. 17 after the company said fiscal 2007 earnings projections were no longer reliable. NMHCS said it is reviewing certain rebate arrangements and has delayed the release of its financial results for the fiscal first quarter ended Sept. 30, 2006.
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