HGR - Undervalued at 15 ( acquired novacare/will 2x reven Message Board

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Biotech / Medical : HGR - Undervalued at 15 ( acquired novacare/will 2x reven

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To: judge who wrote (7)	8/1/1999 3:17:00 AM
From: Merlin	of 14

Could you elaborate on the debt of HGR? Looking at the balance sheet, the short term debt of $4.1M and the long term debt of $13.7M do not seem excessive. However, intangible assets of $111.3M out of total assets of $211M does seem high.

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