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News Focus
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littlejohn

10/05/06 11:52 PM

#111 RE: 032798 #109

The company whose contract is being lost was the dissappointing part...That should be a company without budget problems if the ends justify the means...This news may not have made its rounds to all who have holdings in this one...I had only expectations of a possibility of a modest profit for this quarter if they could manage it...The 100K signing bonus from one of the recent contact changes was to come by 06-30-06 and it kinda left the guessing as to whether it was in the last quarterly figures or not...The positive trend was the key and is now questionable...Always hope for better days ahead though...LJ
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OldPro

10/06/06 7:17 AM

#112 RE: 032798 #109

032798 - not according to the letter...

sent by Kaiser - says the exact opposite and leaves teh door open for future business.

"As we discussed, this was not an easy decision and in no way reflects on the quality of work performed by CareAdvantage. Nevertheless, due to budget issues, we believe that the decision was necessary. I have found the staff of CareAdvantage to be professional and proactive in working with Kaiser. We have been pleased with the work performed to date and hope that our decision will not negatively affect our ability to continue our relationship at some point in the future."