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


To: Monique C. Cushman who wrote (261)4/23/1998 8:19:00 PM
From: Walter Monroe  Respond to of 467
 
I have been a 2 yr holder of Medcare. I like the idea of the service however I am concerned for our long term growth. With the recent events I have considered buying more but have some questions.Can anyone help me with answers without jumping on me I am not Pink yellow or green. I do get blue when the Raiders lose.

1.I purchased from info sent to me by Hartford CapitalIt was a research report dated January 29 1996

2.It said medcare had already spent its R&D dollars why then are we still spending far more than is brought in.

3. The company projections said average clinic revenues would be
$726,789 by now. I have heard the best clinic is only doing $20k per month does anyone have actual numbers per clinic.

4. I have talked to a few doctors they told me it is common for doctors to establish medcare type clinics within their practise. usually the doctor keeps the majority of income. does anyone know the split for medcare vs doctor?

5. based on my calculations medcare will need 300 clinics to break even if this is true we have bought a lemon. Has anyone other info to dispute my math. I hope so.

6. I just feel the revenues do not match the information that Medcare has published. One doctor Ispoke to told me he sees medcare type deals all the time and if the treatment can be copied the life span for Medcare is extrememly tight. He said any medical treatmentthat works is legally copied by thousands of physicians.

7. I am happy with the stock but good stock promotion cant help a weak company or product overall. I have begun to have doubts.

PS: I have family and friends I convinced into MCAR If we sold now we would almost double our money. Not bad but I could of done that with numerous other stocks without the wait. I want to hold if this company is for real and not just a good idea that wont work

StockWally



To: Monique C. Cushman who wrote (261)4/23/1998 8:24:00 PM
From: Walter Monroe  Read Replies (1) | Respond to of 467
 
I have been a 2 yr holder of Medcare. I like the idea of the service however I am concerned for our long term growth. With the recent events I have considered buying more but have some questions.Can anyone help me with answers without jumping on me I am not Pink yellow or green. I do get blue when the Raiders lose.

1.I purchased from info sent to me by Hartford CapitalIt was a research report dated January 29 1996

2.It said medcare had already spent its R&D dollars why then are we still spending far more than is brought in.

3. The company projections said average clinic revenues would be
$726,789 by now. I have heard the best clinic is only doing $20k per month does anyone have actual numbers per clinic.

4. I have talked to a few doctors they told me it is common for doctors to establish medcare type clinics within their practise. usually the doctor keeps the majority of income. does anyone know the split for medcare vs doctor?

5. based on my calculations medcare will need 300 clinics to break even if this is true we have bought a lemon. Has anyone other info to dispute my math. I hope so.

6. I just feel the revenues do not match the information that Medcare has published. One doctor Ispoke to told me he sees medcare type deals all the time and if the treatment can be copied the life span for Medcare is extrememly tight. He said any medical treatmentthat works is legally copied by thousands of physicians.

7. I am happy with the stock but good stock promotion cant help a weak company or product overall. I have begun to have doubts.

PS: I have family and friends I convinced into MCAR If we sold now we would almost double our money. Not bad but I could of done that with numerous other stopcks without the wait. I want to hold if this company is for real and not just a good idea that wont work

StockWally