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Microcap & Penny Stocks : Iatros Health Network Inc -- Ignore unavailable to you. Want to Upgrade?

To: Ontherise who wrote (470)11/21/1997 5:07:00 PM
From: Shu-li Chao  Respond to of 560
 
Kevin, I am guilty of averaging down. I bought 2k a couple days ago.
I was tapped out but freed up some cash and reduced my cost basis on
IHNI to 2.06 . I think their earnings report was mostly positive except for the writeoffs. Am still worried i.e. current ratio has sunk like a rock. Monday should be interesting, hope we can break the
1 barrier and hold.

have a great weekend,

Shu-li



To: Ontherise who wrote (470)11/23/1997 10:54:00 PM
From: Tom Hofmann  Read Replies (1) | Respond to of 560
 
Kevin: I don't remember them saying anything about a writedown in last conference call, do you? Now they decide to do it. The balance sheet is squeaky clean, they have tangible assets they control making revenue. If you can, what is the rumor as you've heard it? My guess would be merger or buyout.Someone east coast who wants to improve THEIR economies of scale.

Tom
p.s. interesting reccomendation awhile back. Any new news?


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