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


To: loafy loaf who wrote (78)7/27/1998 10:01:00 AM
From: Joseph Strohsahl  Read Replies (1) | Respond to of 106
 
Loaf.....

I forgot to post this last Friday:
(From Johnson Rice & Company L.L.C. Morning Meeting Notes)From Friday.... Another reiterate Buy rating:

ProMedCo (PMCO: $5.81) - Announced today that it has entered a letter of intent to acquire Physicians Primary Care of Southwest Florida, a 47 provider group near Ft. Meyers. With 39
physicians and 8 extenders, the group positions PMCO as the operator of the largest network of physicians in the Southwest Florida region with a total of 110 providers. In light of the negative sentiment surrounding the PPMC industry, we view today's affiliation as confirmation of PMCO's
strong growth potential. ProMedCo differentiates itself from others in the industry through its secondary market focus and strong management team. We believe yesterday's weakness in the stock is principally related to problems of others in the industry. We take this opportunity to reiterate our Buy rating.

Joe