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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.)

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To: Kevin Podsiadlik who wrote (3360)8/22/2001 2:17:57 AM
From: Apakhabar  Read Replies (1) of 3414
 
It's not over until the FBI makes some sort of announcement and some basic questions get answered:

1. When will PLMD resume operations?
2. Will they get kicked out of Medicare?
3. Will senior officers get indicted?

At this point the longs can only pray for a big fine and some minor indictments as long as the company is allowed to resume operations and stay with Medicare.

There's a very real chance that the company is going to be booted out of the Medicare program. That will destroy the stock for good.

I can't believe that 85 agents will raid a business that isn't guilty of something more serious than offenses that merit only fines. But we'll find out in time.

As for the long-time longs here you have my sympathies.
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