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: Kip518 who wrote (609)	4/7/2000 8:06:00 PM
From: bob zagorin	Read Replies (3) of 861

RESEARCH ALERT - Healtheon repeated as outperform CHICAGO, April 7 (Reuters) - Gruntal & Co. on Friday repeated its outperform rating on Healtheon/WebMD Corp. <HLTH.O> after the Internet-based health information group said it expected first-quarter revenues to exceed $62 million. Gruntal had expected Healtheon to report revenues of $45.2 million in the latest quarter. In a research note, the brokerage said it expected the company to report a loss before non-cash charges of $87.1 million. "In our opinion, Healtheon/WebMD's recent price weakness represents an excellent buying opportunity," the note said. It targeted the share price at $50 in the intermediate term and $75 in the long term. Shares rose 7-3/8 to 29-1/16 on Nasdaq

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