Replies to post #351 on Medical Connections Holdings, Inc. (fka MCTH)

[tinywallfly]

I'm just quoting facts from the company's 10-K. If anyone thinks this is a good company, or a good sector right now, feel free to invest.

FYI - the following data on the healthcare staffing sector is from staffingindustry.com. As you can see, the sector (especially travel nursing) is in the middle of a total meltdown...

• In our December staffing industry forecast, we estimated 28% revenue contraction in
healthcare for 2009 (-50% travel nurse, -30% per diem nurse, -2% locum tenens, -25%
allied) and projected 1% contraction for 2010 (-15% travel, 0% per diem, 3% locum, 2%
allied). The upcoming forecast in April should reflect slight downgrades. A preliminary
forecast shown at our Executive Forum in March projected 30% and 3% revenue
contraction for healthcare in 2009 and 2010, respectively.