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Microcap & Penny Stocks : Coram (CRH)--has the turnaround begun

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To: leigh aulper who wrote (27)8/24/1998 9:46:00 PM
From: Johnnyboy_zztop   of 85
 
Leigh,

I also have been in this fido for the past 4 years and have watched it drift down, down and down. Fortunately my cost basis is 2 3/8 at this point, but there has never been a time when these guys have made the earnings projections. It has been a very difficult climate for management, so I don't blame them - look around and you see a lot of fallen angels in the healthcare business (except for the major pharmaceutical companies). I'm hoping that they have finally turned the corner - but who knows, at least they are solvent with all the current financing in place. At this point I don't expect the company to ever become a blockbuster, only a takeover candidate once the company turns profitable. My best guess is Aetna will buy them once they finally get their act together.

Norm
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