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Biotech / Medical : MCAR
MCAR 0.0650-36.3%Jan 31 4:00 PM EST

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To: Ray Desori who wrote (52)10/21/1997 5:23:00 PM
From: Xavier  Read Replies (3) of 467
 
Hello All: I don't know if I'm way off base here but I seem to remember the investor relations office telling me that they hoped to expand greatly through establishing programs in major hospitals and some nursing homes.

My way of looking at it is that this would be the least money-draining way of expanding seeing that one of the most expensive parts of expansion is building the space in which to work.

Granted, they will need to spend quite a bit on hiring additional staff, but that would not be as much of a hardship as having to put up the money for construction.

Any opinions?

P.S. Concerning the recent downward pressure on the stock price: I had several conversations with the investment department during those days. They assured me that it could only be the result of profit taking and that none of the people in key positions were selling at that time.
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