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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: Sir Auric Goldfinger who wrote (8962)	1/17/2002 9:43:48 AM
From: Sir Auric Goldfinger	Read Replies (2) \| Respond to of 19428

More on DYII (you read it here 1st, LOL): "Dynacq Stock Falls as Critics See Tough Times Ahead, WSJ Says 2002-01-17 05:48 (New York) Houston, Jan. 17 (Bloomberg) -- Dynacq International Inc. shares fell 29 percent yesterday after an article on the RealMoney.com Web site said some investors are questioning the health-care company's accounting principles, the Wall Street Journal reported in its ``Heard on the Street'' column. Dynacq's main assets are a 37-bed surgical hospital, two outpatient surgical centers and a $3.4 million bankrupt psychiatric hospital that was recently acquired. Some investors got nervous when the company said it would focus on the surgical- hospital business, especially as Dynacq had bought a second outpatient surgery unit last March, the paper reported. Also, it takes Dynacq nearly twice as long to collect the money it's owed, compared with the average hospital, the paper reported, citing Banc of America Securities Inc. analyst Gary Taylor. Chief Executive Officer Chiu Chan says Dynacq has reduced its collection time by more than 20 percent, the paper reported. The company, whose stock benefited from a general optimism regarding health-care companies last year, yesterday had a market- capitalization of $253.3 million, up from $35.1 million in early 2001, the paper said. (WSJ 1-17 C2)