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

To: PuddleGlum who wrote (3991)	9/16/2003 11:54:56 AM
From: Crossy	Respond to of 37387

re: MHCA.OB - Mariner Healthcare $11.05 not only on fire but TEXAS, the state where MHCA does most of it's business now seems to have approved far-reaching MEDICAL LIABILITY reform by a popular vote ! From KPMGpartner (a very informative poster on the healthcare industry) on Yahoo's OHI board.. "Texas Voters approved a limit on non economic damages in medical cases. They are now the most restrictive, and therefore the best for long term care providers, of any state in the union. By definition people in the medicare and medicaid program are limited to 250000.Remember MHCA has the majority of its nursing facilities in TEXAS. This is huge for us. The savings, combined with FLA divestitures, will be huge. With 2 billion in revenues spread over 20 million shares, any savings would be significant to earnings. This constitutional amendment passed with 51% of the vote. Obviously with such a close vote this passage is a relief and should lead to a sizeable extention to the rally. Texas is THE state for Mariner" well some lawyers will surely whine but for Mariner and for us shareholders it's MUSIC TO OUR EARS. IMHO it could go to $20 with ease.. finance.messages.yahoo.com @KPMG - many thx for your astute analysis ! all the best CROSSY

To: PuddleGlum who wrote (3991)	9/17/2003 12:40:11 PM
From: Crossy	Read Replies (3) \| Respond to of 37387

re: DNX.V - Dynex Power Canada - Can $0.60 This is one of the cheapest companies in the POWER SEMICONDUCTOR field. It's trading in Canada, on the CDNX (hence the .V). Recent reports seem to indicate they are going to get their act together - finally - after a brutal restructuring.. DYNEX POWER dynexsemi.com I found this company recently when I looked for GLOBAL PLAYERS in the power semicondcutor market. DNX makes almost completely high volate / high power products - rectifiers, JBTs etc. These devices are important for power transmission applications (say power grid), industrial engineering, plant design etc.. they were at the brink of a collapse last year / early 2003 due IMHO to an incapable CFO which they inherited from Mitel (now Zarlink ZL). That bird was replaced by the former CFO of Pilkington Glass, a household name in Europe. DNX.V is a MAJOR player and sales wise it can be certainly compared with APTI, POWI, SYXI, SIPX and a couple of others.. The valuation is no longer typically for an "extinction" threat (early this year $0.20) but at $0.60 it's still PSR of 0.35 or so.. The only comparable semiconductor company active in Power devices (valuation wise) is ONNN which is on a roll recently. The new CEO succesfully achieved a refinancing transaction of their bank loans, sold a noncore business line and brought the company back on track to financial safety. Expect continuing margin improvement.. I will add this firm to the major portfolio due to size, scale and their so far completed restructuring initiatives. The company is inc. in Canada but major operations are in the UK - the old Plessey and GEC power semi divisions make a good part of their current structure.. anyway, the trading volume is up big today - I wonder why.. I'll try to dig up some more info on this firm and do a more complete write-up later.. rgrds CROSSY