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

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To: rock who wrote (983)1/23/1999 1:59:00 PM
From: Saverio  Read Replies (1) of 1126
 
I tend to agree with you, Rock. This company was profitable as per audited statements for fiscal 98, it seems to be profitable in (unaudited) 1st Quarter and 1st Half results releases, and this despite the fact that they are incurring expansion costs which they are immediately expensing. Add to that the just announced Vancouver clinic, and the potential of whatever else Rob Talbot was working on, which he referred to at the meeting. Enough for me to stick around to see how things evolve for at least the balance of the year.
Saverio
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