SI
SI
discoversearch

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 : FPA Medical Management - FPAMQ -- Ignore unavailable to you. Want to Upgrade?


To: Douglas V. Fant who wrote (440)4/19/1998 9:17:00 PM
From: Baoho Chang  Read Replies (2) | Respond to of 1110
 
Hello, Doug and all. FPAM looks very interesting to me. It reminds me another stock that I followed before, TLC. Both companies are heavily leveraged, and the hedge of convertible debts caused a high level of shorts. TLC took a nose dive from around $30 to as low as $5. It then came back strongly to be around $25 now.

The question now is how low FPAM can go. Based on my experience with TLC, FPAM can go down further. However, it eventually will come back to 30's or even 40's. The key is patience. Also the liquidity or cash position of the company is critically important.

Just my 2 cents.

Regards,
Baoho