Rehabcare (RHBC) Message Board

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Biotech / Medical : Rehabcare (RHBC)

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To: Thomas J Pittman who wrote (11)	9/6/1997 10:26:00 PM
From: Michael C Quesnel	of 17

Hi Tom, thanks for doing the leg work on the debt ratios. I don't know if this qualifies as much in the way of insight, but I have always made it a rule to avoid companies with a debt/equity greater than 1.0. This might be kind of simple- minded, but my greatest investment success in discovering companies like this has come with companies which carried no debt at all (e.g. SFAM, MDRX). I really like the RHBC story and business. If you come up with some reason explaining the high debt in a non-negative way, I will be very interested. Mike

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