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Biotech / Medical : Lincare Holdings

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To: Joanne McArdra who wrote (26)6/2/1998 1:18:00 AM
From: SFJayhawk  Read Replies (2) of 33
 
LNCR is in the driver seat
With the recent meltdown of Apria (AHG), the #1 home oxygen provider, LNCR is well positioned to benefit. The company has almost no debt ($15 MM) with a $2.2 Billion market cap. The company is ramping up its acquistion schedule, in response to many Mom and Pop shops hurting from the recent 25% cut in Medicare reimbursements to home oxygen providers. LNCR's revenues are currently growing 2-3x faster than the current industry average of 8-12%. This company has met or exceeded earnings almost every quarter and looks to continue its ways.
Today, the stock just split 2 for 1, thus helping provide for some more liquidity into the stock. Also, the short interest in this stock decreased from 3.5 MM shares in April '98 to 1.5 MM in May '98.

Alan
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