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Strategies & Market Trends : BFT: Will the tulip craze ever break down?
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To: Gordon A. Langston who wrote (48)3/11/1998 4:12:00 PM
From: Pancho Villa  Read Replies (3) of 650
 
Gordon: is the muscle showing up in the way of lower put prices? Let's look at another of the great money making ideas of Mr. Hillman:
Provide Outpatient Rehabilitation Services-- The Company plans to contract with providers of health care programs and services whereby certain of the Company's existing facilities will also be used for comprehensive outpatient rehabilitation services . The Company believes it has opportunities with a number of third party providers and managers of health care programs and services to provide similar outpatient rehabilitation services in additional fitness centers, and expects to offer these services within three years to members and non-members alike in up to 100 of its facilities primarily using equipment already on-hand. Among others, the Company has recently contracted with Continucare Corporation to provide such services in certain, initially four, of the Company's fitness centers. The Company plans to spend approximately $1 million of the proceeds from the Offering to upgrade an initial group of its facilities to provide rehabilitation services.

Ho no! BFIT is gonna take business away from OXHP! Instead of going to your HMO you will pay big bucks to BFIT to get treated in their superb facilities! I better cover my short!

let me see, 1 million for 300+ gyms is about 3K/gym. He is gonna get state of the art equipment.

Pancho
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