News Focus
News Focus
Followers 26
Posts 10630
Boards Moderated 0
Alias Born 01/09/2004

Re: Zeev Hed post# 335301

Thursday, 12/16/2004 10:07:22 AM

Thursday, December 16, 2004 10:07:22 AM

Post# of 704046
Merrill Says Sell Tenet Healthcare- THC
http://finance.yahoo.com/q/bc?s=THC&t=5d

Investor presentation held on Dec 15 to discuss company`s current and future outlook. We believe most investors came away feeling management team has considerable depth and reasonable objectives. Operations-wise, 2% decline in patient volumes in current quarter; no sign of turnaround or stabilization of bad debt expense; expect market-like price increases for managed care in 2005. Management laid out its plan to undertake a new cost reduction program to be rolled out in January and this is expected to benefit results beginning 3Q 05.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today