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Biotech / Medical : PHP Healthcare
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To: Ontherise who wrote (25)3/16/1998 2:37:00 PM
From: Jim Mac  Read Replies (1) of 136
 
Thanks Kevin. I too lack a sound card. But if you look closely at their numbers, and remember they paid off that $75M of debt in December, again I'll say that interest expense this Q should be about half last Q. After taxing the extra income, that equals about $900,000 dropping to the bottom line, or about $0.06 on top of last Q's $0.16, for total net income from continuing ops of $0.22, and that doesn't count additional cost-cutting and enrollment growth.

However, this class action lawsuit may hurt things. But all in all, things look pretty darn good to me. I really loaded up below $14, and am sitting tight. Stay cool.
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