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: Cary C who wrote (176)	12/30/1997 9:54:00 AM
From: Elliot Lepler	Read Replies (1) of 877

I will check with the company and find out what value they assign that helicopter on the books. My guess is that it has been depreciated and there may be a gain on the sale. Will post what I find out. I have another piece of information. This past Friday the WSJ had an article about the Canadian proposal to replace some air ambulance helicopters. Reading this article, it does not look encouraging that Boeing will win the contract. I would take this as a modest negative, butI understand that Air Methods has business relationships with some of the other bidders and may yet get the work. I guess the price action has to do with the last of tax selling. With the positives about, I can not explain a bid under $3 any other way. Happy New Year to all. Elliot

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