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Biotech / Medical : Express Scripts(ESRX)-King of PBM's
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To: professor who wrote (1)3/31/1999 11:53:00 PM
From: RON BL   of 17
 
Impressive stock. from YHOO
ESRX, an independent pharmacy benefit manager and managed care company, provides a broad range of pharmacy benefit and medical information management
services, as well as managed vision care programs. For the nine months ended 9/98, revenues totalled $1.99 billion, up from $882.4 million. Net income rose 26% to
$30.8 million. Results reflect increased membership resulting from the acquisition of ValueRx, partially offset by lower gross margins and higher S/G/A expense.

Add to that a price to sales ratio of 1.2 . Wow not bad for an internet play.
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