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Biotech / Medical : PMCO - Promedco
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To: Joseph Strohsahl who wrote (68)7/23/1998 4:09:00 PM
From: CipherCPA  Read Replies (2) of 106
 
Couldn't resist

Almost 1.5 million shares traded today, looks like some more institutions are bailing out. I don't believe this company has the same problems as MedPartners and PhyCor based on my reading of their financial statements and the reports of those who follow the industry. Because of that I doubled my position and added some at 5 13/16 to go with the block I bought at 14 1/8. Time will tell if this is a good move or not, but I just can't see the stock price going any lower.
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