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To: Paul Senior who wrote (2515)11/19/1997 12:08:00 PM
From: GREATMOOD  Respond to of 78652
 
Paul,
Your response made me smile, I know what you mean.

A "quick glance" might not reveal that things are about to change significantly at Matria Healthcare. I sense that the former "talk only" posture of the conservative former board of directors is changing, and good things are about to happen!
A quick glance might not have revealed that Matria Healthcare recently announced a major very favorable board restructuring. The remaining board (company veterans) are very much in favor of a share buyback program with Matria's cash position. In fact, they will actually invite an investment bank to their February board meeting to advise them on a share buyback program! ( BTW, Matria generates good excess cash flow, so the share buyback program could be significant!)
A second development that will change things significantly for MATR is additional revenues from the introduction of new products and services. Matria is working "extremely well" with one of the world's top manufacturers of health care products to market their new drug. This should begin in the first half of next year. Because Matria is a lean mean fighting machine, top line growth goes straight to bottom line profits!
The thing I really like about Matria is that the story is brand new. Not one elevator operator has told me to buy Matria! IMHO This is the time to load up, so when "mainstreet" discovers this stock, we can sell it to that poor elevator operator! (;-)

BTW, I formed my opinion from talking to Matria. Other analysts are beginning to form their opinions too.

For example:
Cruttenden Roth
The Red Chip Revue
H.D. Brous & Co.
Morgan Keegan & Co.

Please join me on the MATRIA HEALTHCARE (MATR) thread if you'd like to chat.

Happy investing,

GM