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.

Biotech / Medical : PHP Healthcare -- Ignore unavailable to you. Want to Upgrade?

To: Ontherise who wrote (20)	3/10/1998 2:42:00 PM
From: Jim Mac	Respond to of 136

PHP's interest expense should drop by almost half this Q, since $1M-$1.5M of Q3 interest expense was from two months' worth of interest on the $75M debt they paid off in late December. Also, with expanded enrollment, increased economies of scale, and continued aggressive cost-cutting, diluted EPS from continuing ops should increase by $0.05-$0.10 over Q3. 1 times trailing revenues puts PPH around $20, assuming 14M-15M shares. Forward diluted EPS from continuing ops around $1.00?

To: Ontherise who wrote (20)	3/10/1998 6:00:00 PM
From: Jim Mac	Respond to of 136

Another thing. Since 1997 Q EPS for April, July, and October was $0.08 each, and 1998 Q EPS looks like $0.21, $0.26, and up, continuing ops diluted EPS growth rate looks like at least 163%, and accelerating sequentially. This doesn't even count the conversion of old debenture holders, which should add at least $0.05 per Q, since all that remaining interest expense will be gone. What do you think?