The Stock for 1999(Polymedica)PLMD(Medical Supply Co.) Message Board

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

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To: D.Austin who wrote (3365)	8/23/2001 11:51:17 AM
From: Pluvia	Read Replies (1) of 3414

Dennis, The numbers you quote are very old. 1. How much cash will be used to re-pay medicare? 2. How much cash was used to buy back shares? 3. How much A/R is BS due to fraudulent billing? 4. if the stock is halted and forced to re-state financials, (which I think is likely), they can't raise cash... 5. With no ability to bill medicare, no ability to rasie additional cash, big legal bills, and medicare fines, how do the numbers look? I've seen medicare go after companies in the past. None I've seen with this level of investigation are allowed by medicare to continue acting as a medicare provider. How do you like the PLMD business plan if PLMD can't do business with medicare patients? Good luck, and buyer beware.

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