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Technology Stocks : eDrugstores: Drugstore.com, PlanetRx and Soma

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To: Jim Davison who wrote (229)11/16/1999 11:30:00 PM
From: Firenze  Read Replies (1) of 254
 
Jim,

I am not so sure about the PLRX at this point, as the relationship with ESRX seems to be one-sided... but good luck in any case.

As for RAD, I have actually bought (@$7) it on this terrible news of the trouble with accounting practices. I personally would be shocked if it does not reach $10-$15 in a year. Regardless of the eDrugstores, they will continue to have significant revenue growth for the long-term.

I am not sure if RAD has had a drag on the eDrugstores at this time, because others in the sector are also down (WAG, CVS), so I suppose the whole sector is weighing down PLRX and DSCM. IMO eDrugstores are not flying because of the many issues, TOM D and I have been sharing, namely reimbursement from the big players (ESRX, MMRX/UNH and AET/CI/WLP/Pacificare).

Firenze
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