Healtheon Corporation (HLTH) Message Board

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Technology Stocks : Healtheon Corporation (HLTH)

HLTH 0.120

0.0%

Sep 10 5:00 PM EST

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To: Greg h2o who wrote (475)	3/7/2000 8:29:00 PM
From: bob zagorin	of 861

RESEARCH ALERT - Healtheon/WebMD <HLTH.O> started NEW YORK, March 7 (Reuters) - Salomon Smith Barney started coverage of Internet health care company Healtheon/WebMD Corp. on Tuesday with an outperform rating and a 12- to 18-month price target of $52 a share. Analyst Glen Santangelo said, "Aggressive acquisition strategy has enabled the company to broaden its product offering, diversify its revenue model and establish first-mover advantage in the burgeoning e-health market." estimated $1 billion in revenue and positive cash flow in 2001. shares have fallen 28 percent since the company reported mounting losses last week in its fourth quarter results. shares were down 3/8 at 42 near midday on the Nasdaq stock market. 11:30 03-07-00

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