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Biotech / Medical : ALI - bright future in assisted living?

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To: Allen Furlan who wrote (18)12/25/1999 5:06:00 PM
From: John Soileau  Read Replies (2) of 25
 
No, haven't looked at the bonds very hard. The yield is enticing, but the efficient market theory tells us there's a problem with the bonds (or else a problem with the efficient market theory!).
I stuck with the common, bought it lower and sold all but my profit on a bump up. Now holding only free shares, which reduces the worrying a lot.
I do think this company will do well over time, it's the baby that got thrown out with the bathwater. The potential client population gets bigger every day, and NOTHING is going to stop that for decades.
Let us know if you learn anything more about the bonds. Thanks John
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