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Stocks L / Laboratory Corp. of Amer.


Subject:  Whacked!!! Date:  3/1/2007  7:35 PM
Author:  marcyb1 Number:  95 of 103

Got blasted by almost 10% in one day just by losing one client (Aetna swithced). EPS is predicted to go down by 4 cents per share (only making 12 cents as it is). It sure would have been nice to know that this contract was up for negotiation. If you look at the original fool recommendation, there was no mention that a huge proportion of this companies fortune rests on just a few large customer contracts. Of all the things recommended by Dave and Tom, this was to be the low beta, slow but steady, less risky investment. Hell, this "ain't TOM Online". Oh well. Caveat emptor!
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