Some of those huge trades on SCHI may be explained by what I just heard on AOL from an employee of Eclypsus!
Want a RUMOR? I have one for you that may cause a frenzy. Recently
battered Simione Central Holdings Corp (SCHI), has been in talks with
Eclipsys Corp about a possible buyout of Simione. Eclipsys Corp
awaiting their IPO deput(postponed amid market conditions) will purchase
SCHI with stock(remember SCHI was around $7 just last week). I have no
idea how much, but was told by an employee of Eclipsys that the
acquistion of SCHI by Eclipsys isn't necessarily dependant on Eclipsys's
market debut and could happen any time.
With the stock battered like it was today, there was no indication that
this rumor was true. However, the CEO of SCHI didn't give a great
outlook on SCHI because they may have already agreed on a buyout price.
Who knows? I suggest you call both companies!
Regards,
MAtt
Profile of SCHI---
Simione Central Holdings is a provider of integrated systems and
services designed to enable home health care
providers to more effectively operate their businesses and compete in a
managed care environment.
Profile of Eclipsys---
eclipsnet.com
Eclipsys Corp., a health care information software firm which markets to
large hospitals,
integrated health care delivery networks, and academic medical centers.
Eclipsys' software assists in clinical management, patient information
access management, patient financial
management, and data warehousing and analysis for large healthcare
providers. The company also has strategic
relationships with Partners HealthCare System for research, development,
and testing of its products, and sells its
products internationally in North America, Europe, and Asia. |
