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Biotech / Medical : FPA Medical Management - FPAMQ

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To: Douglas V. Fant who wrote (864)7/8/1998 4:11:00 PM
From: Richard D  Read Replies (2) of 1110
 
Douglas,

I saw a print at that price, but wasn't sure if it was a buy or sell. You picked them off for a little if you got it (ie. the lower than the lowest official Ask for the day). Everyone seems to be sitting on the edge of their seat waiting for news (low volume.) There are a few nervous nelly's getting out due to the suspense, I'm sure. You think a PrePackaged Chapter 11 could be good for the price? I'm sure they'd have to protect stockholder's to some degree, seeing how Dr Dresnick owns over 1.3 million shares and the doctors/assets own so many as well. It's not in the banks' or bondholders' interest to alienate either constituency in the near or long term.

Regards,

Richard
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