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Non-Tech : pamc
PAMC 45.74-0.1%Nov 3 4:00 PM EST

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To: Gary Wisdom who wrote (461)10/10/1999 3:49:00 PM
From: Goodboy  Read Replies (1) of 570
 
This stock is currently in the same position as earlier this year, except at a higher level. The stock took a run from the $4 to $6 level all the way to nearly $15. It started to slide and little, if any news came out of the company. The stock retreated all the way to below $7, a 50% decline in just an eight week period and stayed there with little trading volume and lot's of dissapointed investors holding stock bought north of $10.

We now have a decline of over 50% from the high, dissappointed (disillusioned) investors and relatively low volume. The point here is that in the first case, the stock ended up taking off like a rocket after the e-offerings report and the signing of several insurance carriers. It stayed in the high 30's for weeks.

We are now in a similar position. While we may not see an e-offerings report, we may see as many as 3 to 5 analysts launch coverage of PAMC (Healthaxis after the roll up) over the coming months. Their reports will likely be of a similar bullish view as Gary Kraft. It is also likely that we will learn of more deals and relationships being forged by Healthaxis to solidiry their position in the market. Their is and will be imitators, but they don't stand a chance against Healthaxis's deal power, net real estate or platform.

This stock, when it moves, will move so fast that there will be little opporutinty to buy in the teens. I am extremely bullish on the company and stock. Good luck.
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