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Biotech / Medical : QMDC --- QuadraMed Inc

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To: Douglas V. Fant who wrote (42)12/23/1999 5:44:00 PM
From: Joe Dancy  Read Replies (1) of 59
 
Some analysts have actually classified this company as an "Internet" play Doug - one that appears to make money (probably why it is valued at 10 times next years estimated earnings :))

The company appears to have around 13% of an Internet based medical ecommerce firm that will go public in mid-January - I think QMDC has 600,000 shares and the offering is priced at around $10. QMDC does not appear to be a seller from what I read of their interest - but will maintain a (diluted) interest after the offering. Please check these numbers - I've seen some that differ from this and am not sure exactly what QMDC has retained or will retain after the offering - but QMDC is an IPO play also, indirectly.

Like this company a lot.

Joe
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