Air Methods (airm) Message Board

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Microcap & Penny Stocks : Air Methods (airm)

AIRM 42.95

0.0%

Apr 24 5:00 PM EST

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To: Michael Klausner who wrote (116)	11/18/1997 3:04:00 PM
From: Hijacked Account	Read Replies (1) of 877

Highlight's from today's conference call: Company is very pleased with Mercy acquisition. Mercy had their best two month's in August and September. Acquistion accounted for .05 of the .07 in Q3. Flight revenue up 44% and they expect 50 % in upcoming quarters. The company wants to consolidate air ambulance business and have had discussions with 2 of 3 competitors. Serious discussions will commence with the third competitor in December. Results would have been better if not for one time maintenance expenses associated with a bird strike and "hot start". Engines had to be overhauled. Cash flow of 1.00 per share will cover debt repayments. Army has funding for 7 air medical units. Company plans on hiring a P.R. firm by year end. Redchip conference to be held this Thursday in Portland,Or. I was very impressed with recent developments and have added to my position. You can listen to the replay @ 201-628-7055. Bill

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