SOURCE: The Wall Street Small Cap Reporter

March 31, 2005 07:15 ET

Wall Street Futures Initiates Coverage of Pacer Health Corporation -- OTC BB: PHLH

PHLH Begins Upward Trend on Turnaround News

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by The Wall Street Small Cap Reporter.

DALLAS, TX -- (MARKET WIRE) -- March 31, 2005 -- Wall Street Futures, a leading source of news and information for the small-cap investor, announced today that it has launched ongoing coverage of Pacer Health Corporation (OTC BB: PHLH) as its highest rated microcap company in the healthcare space.

PHLH is an owner-operator of acute care hospitals, medical treatment centers, and residential care facilities, primarily serving rural populations throughout the Southeastern United States. The company specializes in the acquisition of distressed medical facilities and then engineers their operational and financial restructure via innovative and aggressive management strategies that significantly enhance operating efficiencies and reduce costs. PHLH currently owns and/or manages a total of five facilities and the company's model appears to be working.

This week, PHLH reported on its restructure of Minnie G. Boswell Memorial Hospital, a rural Georgia hospital that the company has operated since finalizing an agreement to purchase it on June 22, 2004. According to financials published by the Athens Banner-Herald last June, Minnie G. Boswell experienced a loss of nearly $800,000 in just the one-month period immediately preceding the handoff to PHLH's management team. Following the PHLH restructure, the hospital experienced a net operating loss of only $64,941 for the seven-month period ending February 28, 2005, with a 17 percent increase in operating revenue.

Shares of PHLH skyrocketed on Wednesday morning's news, closing at $0.015 -- up 50 percent on the day. Trading volume was also strong with nearly 1,000,000 shares exchanging hands. If the company can continue to demonstrate this sort of success in similarly challenged medical facilities around the country, PHLH could be grossly undervalued at its current price level.

Wall Street Futures' other high-volume "stocks to watch" this week include: Cisco Systems (NASDAQ: CSCO), Sirius Satellite Radio (NASDAQ: SIRI), and Intel Corp. (NASDAQ: INTC).


Wall Street Futures is a news service of the Wall Street Small Cap Reporter (WSSCR). WSSCR, 866-249-4961, publishes reports providing information on selected companies that it believes have investment potential. WSSCR is not a registered investment advisor or broker-dealer. This report is provided as an information service only, and the statements and opinions in this report should not be construed as an offer or solicitation to buy or sell any security. WSSCR accepts no liability for any loss arising from an investor's reliance on or use of this report. An investment is considered to be highly speculative and should not be considered unless a person can afford a complete loss of investment. WSSCR has been hired as a consultant and has been paid by a third party for the publication and circulation of this report. This report contains forward-looking statements, which involve risks and uncertainties -- including, but not limited to, risks associated with changes in general economic and business conditions (including in the IT and financial information industries), actions of competitors, the extent to which the company is able to develop new services and markets for its services, the time and expense involved in such development activities, the level of demand and market acceptance of the company's services, and/or changes in its business strategies -- that may cause actual results to differ materially from those set forth in the forward-looking statements. For further details concerning these risks and uncertainties, please request additional information directly from the company featured above or obtain the SEC filings of the company including the company's most recent annual and quarterly reports.

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