Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: nokomis who wrote (58945)	9/1/1999 11:14:00 AM
From: Jenna	Read Replies (3) of 120523

HOTJ looks like the most solid. ESRX.. Express Scripts In Deal With PlanetRx.Com ST. LOUIS (Reuters) - Express Scripts Inc. (Nasdaq:ESRX - news), the No. 1 independent U.S. pharmacy benefit manager, said Tuesday it struck a deal with PlanetRx.com Inc. that gives it a 19.9-percent stake in the Internet drug store. Under the agreement, Express Scripts will use PlanetRx.Com as its exclusive Internet pharmacy for its 36 million members. It said it would also transfer the e-commerce assets of its Internet operation, yourPharmacy.com, to PlanetRx.com, when the company holds its initial public offering. Diana Baumohl, vice president of investor relations at Express Scripts, in a telephone interview declined to put a value on the 19.9-percent stake in PlanetRx.com or the e-commerce assets that the company will transfer.

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