ALABASAS, Calif.--(BUSINESS WIRE)--Oct. 15, 1999--The Kon-Lin Letter, a leading subscription-based stock market research service, has initiated coverage of Creative Computer Applications Inc. (CCA) (AMEX:CAP - news), and selected it as its Featured Stock of the Month for November.
Kon-Lin is a 35-year-old publication noted for its fundamental and technical analysis of individual stocks and market movements.
The newsletter set a target price of $6-$7.
For the nine months ended May 31, 1999, Creative Computer Applications reported a 43 percent increase in revenues to $6.5 million, a new record for the period, and earnings of 21 cents per share.
Creative Computer Applications designs, develops, implements and services clinical information systems for the health-care industry and offers extensive solutions for laboratory, pharmacy, radiology and other clinical areas.
The company currently supports more than 650 application installations in more than 450 client sites. In addition, the company also offers its WebServer(TM) Internet connectivity system that provides secure access to clinical data from virtually anywhere via a standard Web browser.
For additional information about the company and its suite of clinical information systems, see the company's Web page at www.ccainc.com. |