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Biotech / Medical : HHCA. Home Health Corp of America

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To: Mr. Miller who wrote (3)9/3/1997 11:37:00 PM
From: Tom D   of 25
 
I also have questions but no answers...

Why is this stock valued so far below its growth rate? Is everybody afraid it is going to be squashed by some of its big competitors? I would think it would be easier for a competitor to swallow it than crush it. I have bought and sold it twice, each time for a tidy little profit, each time due to dumb luck. I am too chicken to buy it again since there appears to be no rhyme or reason to its market valuation.

All they ever do is meet or beat earnings estimates. Even a conservative estimate of sustainable growth at 25% annually should produce per-share price of 100x the quarterly profit. So why isn't it a $22.00 per share now?

Tom D
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