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Technology Stocks : MAGIC SOFTWARE-MGIC
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To: DAVID BANISTER who wrote (161)1/27/2000 10:15:00 AM
From: paper man   of 219
 
Dale and all: OT: well worth reading:

Sutro & Co. Initiates Coverage on e-MedSoft.com With Buy Recommendation


JACKSONVILLE BEACH, Fla.--(BUSINESS WIRE)--Jan. 27, 2000-- e-MedSoft.com. (AMEX:MED) today announced that Sutro & Co. has initiated coverage on e-MedSoft.com with a "buy" rating.

Sutro & Co., one of the nation's oldest investment houses, was the first investment bank to join e-MedSoft.com back in May of 1999.

Sutro's Senior Vice President and Head of Health Care Research Larry Smith researched, prepared and published the report. Smith is a highly experienced and respected Wall Street analyst with a well-known career that has spanned more than 25 years. Prior to heading Sutro's Health Care Research department, Smith was the managing director (Health Care Research) for Hambrecht & Quist. In addition, Smith served at Smith Barney for some 15 years and managed Smith Barney's Research Department for nine years.

Among other things, Smith described the e-MedSoft.com opportunity as "the most exciting business opportunity that we have seen." Smith also writes that e-MedSoft.com compares favorably with the largest of its competitors and that the company may even have advantages over its competition: "(T)he advantage that e-MedSoft.com (enjoys) is that it has developed and implemented a fully functional Internet-based platform...(whereas some of its large competitors) have relied on the acquisition of businesses that have functioned as electronic data interchange or practice management companies and that use legacy systems."
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