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Biotech / Medical : Pediatrix Medical Group (PDX) -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Bob who wrote (26)2/16/1999 8:47:00 PM
From: Tom Hua  Read Replies (1) | Respond to of 431
 
Bob, the cases I cited involved accounting irregularities. Go check yourself. If you think you have heard the last of the accounting problems with PDX, I think you'll be in for a major shock. My prediction is PDX will be in single digits when the dust settles.

Regards,

Tom



To: Dr. Bob who wrote (26)2/16/1999 11:10:00 PM
From: Tom Hua  Read Replies (1) | Respond to of 431
 
Bob, Three lawsuits filed today. Charges include overstatement of revenues and earnings, issuance of materially false and misleading statements to artificially inflate stock price. These come after PDX was downgraded by BT Alex Brown, Hambrecht & Quist, and Morgan Stanley. I expect to see another half a dozen lawsuits in the next few days. I also expect to see more analysts downgrades. In the end I expect to see PDX in single digits.

Regards,

Tom

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