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Biotech / Medical : GFIH Graham-Field Health Prod

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To: Steve Rolfe who wrote (63)12/5/1998 2:50:00 PM
From: Pe@cockm@n  Read Replies (2) of 84
 
The Turnaround Letter: As information; George Putnam of the Turnaround letter recommended GFI in the December 1998 issue. In brief he talks about the new management, lowering cost, realigning the company into three units: home healthcare, medical/surgical and rehabilitation. Also when tax selling pressure ends later this month, it could help the stock on the upside. Also there is a takeover potential with the stock selling at a discount to book value. He recommends purchasing up to a price of $5 1/2.
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