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

To: AC who wrote (983)	7/20/1998 4:59:00 PM
From: jack crane	Read Replies (1) \| Respond to of 1110

What a joke this is. If things are as bad as to need this action, a lot of people have known about it for some time and have done quite a job of keeping it quiet, That includes all management and directors, auditors, the major health care stockholders and of course the banks and other major creditors. By knowing and saying and doing nothing they became part of the FRAUD that was pulled here. It is hard to believe a decent judge would let this happen but strange things happen today.Pretty hard to deceive everybody including all the financial people watching unless you work very hard at it. Just about every brokerage house had this stock as a buy before the s hit the fan. To let these people walk away when they were saving their butts at the expense of stockholders is a joke. Or should we say a crime!!

To: AC who wrote (983)	7/20/1998 6:02:00 PM
From: Douglas V. Fant	Read Replies (3) \| Respond to of 1110

AC, Well everything turned out pretty much like predicted- except one thing- cancelling current shareholders! The Company wasn't that badly broken. That appears to be completely unnecessary to cancel current shareholders 100%. The senior credit holders could easily maintain control on this corporation if they owned 35-40% of the stock. Mean-spirited, malevolent, manipulative- I'm not sure what you call it. And what hurts is that I called John Grimaldi of their New York PR Firm and gave them a couple of tips on reorganizing that had helped our company when in financial straits- I feel like I gave FPAM some bullets- and then they turned on me and shot me.... If you all intend to fight it, then ,move quickly as FPAM/Dresnick et al., will try to ram this proceeding through the Federal Bankruptcy Court as fast a spossible in order to prevent opposition from mounting.... Sincerely, Doug F.