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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Robert Hoefer who wrote (3945)	4/28/1998 10:04:00 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78464

Robert Hoefer: Well, don't buy any more of it (OLS). At least until I get some in the 12 dollar range. Stock is dropping maybe because of the Fed's investigating OLS for illegal billing/Medicare?/Medicaid? practices with Columbia. They may be getting ready to indict some OLS employees. It's now that I see such news articles of the past few days (ref.Yahoo OLS - news). Of course, the big overarching problem -- the big foray into home health care and Medicare, this gov't stuff--- that's been very unsuccessful IMO. Robert, let's try this on for a fit -g-: When OLS came out in '92 (looking at Yahoo chart here), if you owned OLS you could have sold your shares in the $15 dollar range. And in '93, maybe at $18 or $19. The stock was there. And sometime in '94, '95, '96, and '97 you had a chance to sell at $20. So if history repeats - and there's certainly no reason it should - times and problems are different today -- nevertheless (that's a heck of a "nevertheless") there's still a good shot IMO that we'll see $20 again in '98 and/or '99. That would be 7 points up from the 13 it's at now. That sir is a good gain, and an achievable goal IMO. (Although as I say, I've been wrong many, many times before.) Oh the low side exists too. They could go bankrupt I suppose. And if I bet my house on OLS here, for some reason they would crater to .25 -g-. So I won't -g-. I think OLS will muddle through. If it ever does see 20, maybe somebody will puleez come back to me and tell me to sell some. In '97 I owned it from from 17 and below I think, and I watched it get up in the 20's and drop back to current point. (I've not sold any OLS.) This next time - if there is a next time - I would like to take some profits -g-.