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Technology Stocks : Healtheon Corporation (HLTH)
HLTH 0.1200.0%Sep 10 5:00 PM EST

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To: M. Frank Greiffenstein who wrote (432)2/9/2000 9:10:00 AM
From: Ken Zeller  Read Replies (1) of 861
 
>>So, do you really believe that Janus would buy 10% of HLTH without even doing a little math on HLTH revenue recognition methods? Are you saying they went into this blindly? <<

Quite the contrary Doc. My point is that the Januses of the world can and do protect themselves not only by DD in general but in the terms they negotiated in this "private sale" of stock. I don't know the terms of this "private sale", but management does and they have chosen to not share that with me as yet. I am sure that Janus has reduced their risk/downside exposure significantly.

My point is simply that we should not be blind to the marketing techniques of the company. They make sure we get the big news. The rest we have to ferret out and piece together for ourselves in order to properly value this company.

KenZ
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