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: M. Frank Greiffenstein who wrote (553)	4/1/2000 8:01:00 PM
From: Kip518	of 861

do you think heads will roll at Janus? Doc, I don't know but when the Janus below-market buy-in was announced the news was spun as "another example of how smart Janus is -- and a hot fund getting hotter." While I have no way of proving this, I believe when the blood hit the water in the earnings release, every fund manager who had recently been made to look bad by comparison to Janus (and probably lost investors to them) and the opportunistic hedgers seeing the sharks circling stomped on HLTH. Clearly the price action of the last week has been continuous puking. I think this was as much a screw-Janus action as dump HLTH. Frankly, my guess is that the health-insurers' e-consortium really isn't viable. Their PR smelled of ploy. Like auto-makers e-deal, I wouldn't rule out potential anti-trust problems either. Still, it would be good to see some response from HLTH about this thing. While the sellers may let up on HLTH now, no question HLTH has been badly wounded. Regulatory slowdowns on impending mergers and the potential for stockholder revolts in the bought companies are likely to keep HLTH limping at these levels for awhile.

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