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Biotech / Medical : PHP Healthcare
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To: Dana who wrote (34)5/21/1998 1:33:00 PM
From: Jim Mac  Read Replies (1) of 136
 
I also post on Yahoo board under "myopiaman". The shorts don't like me over there. The VISX shorts hated me too last month, while I steadily refuted their scare talk with facts, and look how things turned out like I said. VISX didn't go from 22 to 14, it went to 50+. I think PPH will have the same bottle rocket action when earnings come out in early June. Time for shorts to cover, especially since the main reason for the selloff was fear of a $0.15 charge against April earnings (won't happen), and losses going forward from the preferred fines (which will be waived or disputed). Also, people don't understand how much lower interest and fatter gross margins in April Q will hit bottom line, leading to a Smith Barney reversal, and strong institutional buying. Hang in there.
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