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Biotech / Medical : A Luxury Resort for the ill -- Medical Resorts Intl.TRAC

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To: swot who wrote (959)1/20/1999 9:27:00 AM
From: Saverio  Read Replies (1) of 1126
 
Thanks for your post, Marty. I understand why you have mixed feelings, and your post is not exactly what I like to read. It seems to me that the final stages of preparation mean different things to different people. I was at the shareholders meeting and he was asked what happened to all the clinics that had been planned about a year ago; his answer was that the strategy was changed because creating dialysis clinics from nothing required significant amounts of cash to be spent before the first client gets in the door. Their strategy will therefore be to acquire chelation clinics which are already generating cash and to add dialysis to them at a much lower cost; as both types of procedures are similar (both I.V. treatments) it is more efficient from a staff training point of view.
With respect to Guidera, while he did not specifically mention the name, when asked about the share price, he indicated that he would hire I.R. help, but would not go back to promoters (my reading: Guidera) who ask an exorbitant price in cash and shares and do not do much nor produce much results. They will try to get into more investment newsletters.
I can't say I disagree with Rob's new strategy re chelation/dialysis. It makes sense to me. I wish only he would get more straigthforward when communicating the status of his plans, or changes in his plans.
I will be keenly watching financial results as they come out, to determine whether they come out as planned.
Saverio
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