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Bobwins

06/16/05 10:27 AM

#14022 RE: stanu78 #14020

stanu re MDF

I thought the analyst was conservative about earnings. I think Mike Earley will manage the expenses to ensure a certain level of profits for MDF. He does have some control of when he authorizes advertising and I think he will manage it versus the profitability of the PSN operation. These next two qtrs will be strong and will coincide with the HMO opening. There is no doubt in my mind that he will spend more in q2 and 3 than q4 and q1 2006.

I am planning to hold but we'll see how long this boost from the analyst coverage lasts. Bobwins