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Gold/Mining/Energy : MSH - MediSolution (leader in healthcare technolgy in Cda)

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To: robin hood who wrote (115)9/14/1999 7:20:00 PM
From: rdww  Read Replies (1) of 182
 
stole this from SH - the link is here as well

Good sleuthing once again to The_Word, credit where credit is due. I would suggest that every investor patch into this interview.
wallstreetreporter.com
When you enter the website at the top left click on (interviews, A-Z arranged) then click on M and you should find it.
Interview is with Remi St-hilaire President and CEO. For those of you who can't access this site then the gist of the interview is below:

It opens on his background then proceeds to best performers in their stable of applications.
Best performer in growth (hospital information service), substantial growth to be expected in this area.
Payroll services-highly profitable
Practise management-expecting 30% growth
Professional services-expecting 50% growth.
Annual revenues expected this year $70 million.

Canada spends 1.5 billion on healthcare info tech annually. MSH applications are in the health care area that has a 550 million annual budget. The 1.5 billion spent is
only 1.3% of total healthcare budget and is expected ot grow to 3%.
One of the main competitors is Meditech who deal with 120 hospitals while MSH is in 600 hospitals.
Poised to bring their technology into the USA and are further advanced than most of their US counterparts in regional networking technology. Meditech does not
have an HR product and when these same US healthcare facilities had to go out and choose one, they picked MSH's HR product.
This to me sounds like a deal has already been done in the states but has not been announced yet, or the contract hasn't been signed off on.
One of his last remarks and I'm sure we all hear this from Canadian companies "if we were trading on Nasdaq the share price would be worth much more". After
listening to this interview IMHO I don't think this will matter as the growth that this company is showing will speak for itself eventually. I was very excited after
listening to this interview and I suggest if you get a moment patch in and play it. I'm left wondering why this company is only trading at $1.50 ???

..eom..
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