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Monday, 01/22/2001 7:14:11 AM

Monday, January 22, 2001 7:14:11 AM

Post# of 180
MDPA, MY pick for this week! 1/22/01 3:35 am

I have retracted FEVI as my pick for this week!

http://biz.yahoo.com/p/m/mdpa.ob.html

Metropolitan Health Networks, Inc. is a management services organization currently operating in Southern Florida. The Company had a contract with a health maintenance organization (HMO) as of June 30, 1999 and was responsible for approximately 10,000 patient lives. As of June 30, 2000, several HMO agreements were in place and the Company was responsible for approximately 44,000 patient lives. The Company provides its services through its network of primary care physicians, specialists, hospitals, ancillary and diagnostic facilities. These providers have contracted to provide services to the Company's patients agreeing to certain fee schedules and care requirements.

Metropolitan Health Networks, Inc. provides primary and subspecialty physician care as well as diagnostic and therapeutic services. For the comparable nine months ended 9/30/00, revenues rose from $15.1 million to $86.5 million. Net income totalled $4.6 million, vs a loss of $8.6 million. Revenues reflect income from Metcare vs. a loss in the comparable period. Earnings benefitted from lower depreciation expense due to the sale of diagnostic operations and certain physician practices.

Again I have retracted FEVI as my pick!

My Disclaimer can be found at www.WebStocky.com



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