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


To: Douglas V. Fant who wrote (841)7/5/1998 12:53:00 AM
From: Richard D  Read Replies (1) | Respond to of 1110
 
Douglas,

I have read on Yahoo that these are near the worst if not the worst contracts for FPAM in California. A favor yes, but a renegotiated contract could be even better. There is a rumor that not all is lost with Pacificare yet, though it is just a rumor. Hopefully, we get some clarification on Monday. FPA needs to think DAMAGE CONTROL every day, because people feel free to take pot shots at them daily.

Regards,

Richard



To: Douglas V. Fant who wrote (841)7/5/1998 8:13:00 AM
From: Kurthend  Read Replies (1) | Respond to of 1110
 
Doug,

I mentioned a few months ago when FPAM took its dive down to its current level (or close to the current level) about the similarities between FPAM and CRH. CRH has yet to recover. Although FPAM is much stronger in terms of revenues.

What is your thought about the number of lawsuits against FPAM and the possible further dilution of shares should these lawsuits succeed (not to mention the cash that FPAM would need to cough up for fighting the lawsuit and paying damages).

If I recall, the lawsuit in CRH resulted in me receiving about 15% of the number of shares that I originally held and also about 6% in cash in the amount of money I had lost. It paid for my beer for a couple of months anyway?

I hope if a similar situation arises with FPAM, then FPAM will be able to survive.

Kurt

PS I am neither long nor short at this time but just observing.