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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Seuss who wrote (11483)9/15/1999 11:16:00 AM
From: Mr. Pink  Read Replies (2) | Respond to of 18998
 
HCR just appeared at the Bear Stearns healthcare conference and an operative of Mr. P$nk's was in attendance. His report just in reveals that HCR still has its head in the sand regarding the GHV Preferred and that while HCR believes that they will one day get their dividend stream, the ceo acknowledges that the principal might be in jeopardy.

In the breakout the company also acknowledged that its efforts to weasel out of its agreement with GHV regarding pharmaceutical purchases is going to arbitration. Safe to say, relations with GHV are not the best.

Ironic that HCR is trying to screw ghv yet needs ghv to do well to pay its preferred. Pathetic.

Until this company acknowledges its flimsy balance sheet antd take the medicine of a write-off of the ghv preferred, Mr. P-nk reiterates his rating of t4/f.

Mr. P$nk

All statements are the opinion of Mr. P$nk, a deluded internet superstar.