Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?

To: Findit who wrote (3980)	9/12/2003 9:49:10 AM
From: Crossy	Read Replies (2) \| Respond to of 37387

re: MHCA James - they have to apply for listing on a major exchange to change this, maybe they find this premature.. for example "friendly hands" to management could use this to buy a bigger position cheaper.. And each exchange - NAZ, AMEX, NYSE got it's own listing criteriae.. NAZ and AMEX have NTA requirements (Net tangible assets). Now MHCA has an ultra-high self-insurance reserve - this treatment was deliberately chosen. I think before the Florida transaction, the reserve was so high that MHCA was not yet NTA positive.. The Florida transaction changed this for sure.. I'm waiting for the next or the next after 10Q which reflects the asset sale.. chances are way higher now that a move to a major exchange - NASDAQ preferably - will happen this year.. rgrds CROSSY