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Biotech / Medical : Lincare Holdings

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To: Kiriakos Georgiou who wrote ()	11/20/1996 1:15:00 PM
From: Thomas J Pittman	of 33

I am not a shareholder, but this stock has been highly touted by a broker/friend of mine for some time now. I am not very familiar with LNCR. My understanding is: 1) a large player in home/health (oxygen) delivery 2) has exposure to possible medicare regulatory reform 3) it is a growth industry given aging population 4) is a growth industry given HMOs desire to limit hospital stays What is your take on the company? Who are its competitors? Do you have a target price? What is the downside risk? J

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