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Biotech / Medical : FPA Medical Management - FPAMQ

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To: Vanni Resta who wrote (948)	7/17/1998 12:03:00 AM
From: Bald Eagle	Read Replies (1) of 1110

<<Like we have been saying all along, if it goes into Chapter 11 that might not be a bad thing.>> But, it could be a very bad thing. I would say that this is a very risky investment. Admittedly, I made a little money the first time around, so I'm playing now partly with OPM. I guess I don't feel good about it, because I once owned shares and worked for a company that filed Chapter 11. When an employee, I was given a pay cut and also saw my fellow workers lose their jobs. I quit for another position before they filed Chapter 11 bankruptcy. For a long period of time, my shares which I had bought for about $2 were untradable. The company issued new shares for $5 each. You could trade in old shares for new, but you needed ONE THOUSAND, FIVE HUNDRED old shares for a new share. Now my shares were practically worthless. Now, I'm not saying that this will happen here, but at least you have to be willing to take the risk of something similar happening.

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