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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (12863)7/27/2001 6:09:02 AM
From: Gary105   of 78687
 
Paul, i've done some dd on phsy, learning the following:
1. recent problems on debt refinancing (not enough buyers for bonds) - yahoo board also has post about analyst saying that there is potential for bankruptcy
2. above is result of perceived potential earnings crunch caused by tighter controls on medicare reimbursement vs
rising wage pressures

imo refinancing of debt is the key in the short run
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