Tuesday, September 06, 2005

OCA (16)

Question
by: dongput 09/02/05 11:47 am
Msg: 37681 of 37781

I agree with you that Operation Cash Flow is good and positive. My two concerns, one is liquidation, which you have explained, the other one is the market. If the market goes down next year, how will the bear market impact OCA? During the bear market, the stock prices of lot of solid and sound companies with positive operating cash flow are decreaseing, how do you justify it?

Response
by: chfriend03 09/02/05 12:21 pm
Msg: 37682 of 37781

In a bear market, a stock worth $6 may trade at $5 or like (depending on how bearish investors get), unless there are more than average amount of negative news on the particular company.

As for OCA's business (Orthodontical practices), I do not expect a bear market.

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