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Biotech / Medical : URMD -- Huge market potential

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To: Samuel J. Bennett who wrote (196)1/19/1998 12:47:00 PM
From: Hugh A. McWhorter   of 369
 
Sam--betting with the house is always a good idea and the debt that was issued was probably a good investment. Unfortunately I was never offered any <g>. Debt as URMD has issued has priority in cash flow and, heaven forbid, liquidation. Add a conversion feature and it's even more attractive. Seems like the big boys can always get in a better position than the little guy like me.

After studying the financials and reflecting on this one I am personally going to wait for some numbers before altering my modest holdings and put sales.

Best regards.

Hugh
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