SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : FPA Medical Management - FPAMQ

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Douglas V. Fant who wrote (889)7/11/1998 6:45:00 PM
From: Ben Beale  Read Replies (1) of 1110
 
Doug,

You may be right. Anyone who has been in this money pit since the 15-20 range should think about doubling their number of shares next week when we hit 75 cents.

On the other hand, the fact that re-financing is taking so long to obtain probably means FPA has nothing by way of collateral to offer. Unsecured loans can be hard to come by when you're technically insolvent.

By the way, it appears OXHP, which knows something about how long it takes a stock to come back from a crash like this, appears to be bailing out as of 7/8/98. fpamm.com

r/s
Ben
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext