I own a few Hanger shares and follow the stock and the financials. I am not
sure where Joe Caridio learned to read a financial report or why he would
make such grossly innacurate and misleading posting about Hanger profits.
The facts are that Hanger had over $5.4 Million in net income for a 3 month
period.
Check for yourself at this link http://biz.yahoo.com/fin/l/h/hgr.html , net
income for Hanger for Q1 was $5,478,000. Hanger is a public company, so the
financials are public record, no need to rely on rumours or bad information,
the truth regarding Hanger profitability is easy to confirm.
I am confused as to why people keep trying to make this Ossur issue about
something other than Ossur?
James Addams
>From: limbmaker1
>Subject: Re: [OANDP-L] HANGER OSSUR AND PROGRAM
>Date: Fri, 11 Jul 2003 15:41:33 -0400
>
>A few comments:
>
>Ossur may be trying to position themselves to ultimately purchase those
>member facilities and be the largest national player in O & P!
>
>Hanger is NOT demanding people purchase certain products however they are
>strongly recommending their facilities purchase from SPS. “Feed the family”
>if you will.
>
>A larger concern for shareholders of Hanger is the nearly $4 million loss
>they are experiencing so far this year and what is the leadership doing to
>overcome this. I need to know why a company I’m investing money in is
>losing
>such a significant amount. Perhaps a vote of “No Confidence” in upper level
>management may be in order at the next shareholders’ meeting. I would like
>to hear from other shareholders on this concern.
>
>Joe Carideo, CP
>
>—– Original Message —–
>From: “Forest R Sexton CPO”
>To:
>Sent: Thursday, July 10, 2003 3:52 PM
>Subject: [OANDP-L] HANGER OSSUR AND PROGRAM
>
>
> > I AM CONFUSED. A BIG ISSUE FOR ME REGARDING THIS NEW OSSUR PROGRAM HAS
>BEEN
> > THE SUGGESTED NEED FOR IT. IT HAS BEEN SUGGESTED MANY TIMES OVER THE
>LAST
>FEW
> > DAYS THAT THIS PROGRAM AROSE AS A RESPONSE TO HANGERS DECISION TO STOP
>USING
> > OSSUR AND FF PRODUCTS BASED ON AN INABILITY TO REACH A PRICING
>AGREEMENT.
>OSSUR
> > THEN EVOLVED THEIR (PREFERRED PROVIDER PROGRAM ?) TO CREATE A MARKETING
>FUND
> > TO MATCH HANGERS.
> >
> > I HAVE BEEN WATCHING THE LIST IN DISBELIEF. I FOUND IT NEARLY
>UNBELIEVABLE
> > THAT HANGER MANAGEMENT COULD FORCE THEIR PRACTITIONERS TO SELECT
>COMPONENTS FOR
> > THEIR PATIENTS. MY EXPERIENCE IN THIS INDUSTRY SUGGESTS THAT
>PRACTITIONERS
>ARE
> > FOR TO INDEPENDENT TO ALLOW ANYBODY TO TELL THEM WHAT IS BEST FOR THEIR
> > CLIENTS. NONETHELESS IT APPEARED THAT HANGER HAD ACCOMPLISHED THIS FEAT.
> >
> > A RESPONSE TO A POST I SENT TO THE LIST YESTERDAY INDICATED THAT HANGER
>MAY
> > NOT BE REQUIRING THEIR PRACTITIONERS TO USE ANY PARTICULAR VENDOR. COULD
> > SOMEONE PLEASE ENLIGHTEN ME AS TO WHAT IS REALLY GOING ON HERE. WHAT IS
>HANGERS
> > POSITION SPECIFICALLY ON OSSUR COMPONENTS? WHY DOES OSSUR FEEL THE NEED
>TO
>FIGHT
> > HANGER DIRECTLY?
> >
> > IF YOU WILL ENLIGHTEN ME AND YOU ARE A HANGER EMPLOYEE PLEASE TELL ME
>AND
> > WILL NOT REPOST YOUR RESPONSE. LETS GET IT OUT. ARE HANGER PRACTITIONERS
> > “REQUIRED,'” TO USE SPECIFIC COMPONENTS OR VENDORS BASED ON COST ALONE.
>OR
>ARE THEY
> > “ENCOURAGED.” WE ARE ALL REQUIRED TO CONTROL OUR COSTS AND IT IS NOT
>CONSIDERED
> > UNETHICAL TO SELECT THE CHEAPEST COMPONENT WHEN COMPARING APPLES TO
>APPLES.
> >
> > FOREST R SEXTON CPO
> >
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> >
> > If you have a problem unsubscribing,or have other
> > questions, send e-mail to the moderator
> > Paul E. Prusakowski,CPO at [email protected]
> >
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> > related to Orthotics and Prosthetics.
> >
> > Public commercial postings are forbidden. Responses to inquiries
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> >
>
> ********************
>To unsubscribe, send a message to: [email protected] with
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>message.
>
>If you have a problem unsubscribing,or have other
>questions, send e-mail to the moderator
>Paul E. Prusakowski,CPO at [email protected]
>
>OANDP-L is a forum for the discussion of topics
>related to Orthotics and Prosthetics.
>
>Public commercial postings are forbidden. Responses to inquiries
>should not be sent to the entire oandp-l list. Professional credentials
>or affiliations should be used in all communications.
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