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Biotech / Medical : Integrated Health Services

IHS 8.235

-4.6%

Feb 4 3:59 PM EST

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To: Ken Crooks who wrote (15)	7/12/1997 12:35:00 PM
From: David Lawrence	of 88

>>ROTC, despite its good numbers, has not been able to match its stock price of May, 96. I can speak to that issue. The inability of ROTC's stock price to advance commensurate with it's earnings to wholly cause by the current concern with regard to future Medicare oxygen reimbursement rates. Cuts of anywhere from 10% to 40% have been speculated, with the better(level headed) anaylyses tending to forecast the lower end of the range. Here is an excerpt I took from an old VL a while back that addressed that issue. techstocks.com David

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