Hanger Is VERY Profitable

Hanger Is VERY Profitable

James Addams

7/14/2003

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 <URL Redacted> , 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 < <Email Address Redacted> >
>Reply-To: limbmaker1 < <Email Address Redacted> >
>To: <Email Address Redacted>
>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 < <Email Address Redacted> >
>To: < <Email Address Redacted> >
>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
> >
> >