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


To: Douglas V. Fant who wrote (889)7/11/1998 12:15:00 AM
From: Tom Hua  Read Replies (1) | Respond to of 1110
 
Doug, news just out. More on the restructuring. I can see light at the end of the tunnel now. Monday will probably be the last chance to buy this stock on the cheap.

biz.yahoo.com

Regards,

Tom



To: Douglas V. Fant who wrote (889)7/11/1998 6:45:00 PM
From: Ben Beale  Read Replies (1) | Respond to of 1110
 
Doug,

You may be right. Anyone who has been in this money pit since the 15-20 range should think about doubling their number of shares next week when we hit 75 cents.

On the other hand, the fact that re-financing is taking so long to obtain probably means FPA has nothing by way of collateral to offer. Unsecured loans can be hard to come by when you're technically insolvent.

By the way, it appears OXHP, which knows something about how long it takes a stock to come back from a crash like this, appears to be bailing out as of 7/8/98. fpamm.com

r/s
Ben