ONHN+HLTH:
From Friday:
"OnHealth (ONHN: news, msgs) shares lost 6 percent after the company announced that Robert Goodman has resigned as president and CEO. Ron Stevens, the company's chief financial officer, will replace him. Stevens will continue as financial chief and retain the president's position prior to the company's merger with Healtheon/WebMD (HLTH: news, msgs). OnHealth shares declined 5/32 to 2 19/32."
With acquisition on ONHN, HLTH will get the top health site. Based on the numbers below, the HLTH network should at least exceed 9000000 --- that would place HLTH as the 20th top web property, according to Media Metrix (ONHN is the 47th). Any Steve Harmon followers out there who could give a market cap per user valuation for HLTH with the addition of ONHN users? Just a hunch, but I imagine, based on Harmon's valuation of stocks based on the number of users, that HLTH would appreciate with the ONHN user base.
Also, BTW, HLTH's acquisition costs of ONHN should be smaller than originally planned, right?
Media Metrix Top Digital Health Sites, Unique Visitors, Home/Work for April 2000 (in 000's),reprinted in Inter@ctive Week, June 5, 2000, 114:
OnHealth.com: 4,797
AOL Health: 4,455
WebMD: 3,707
MotherNature.com: 1,972
DrKoop.com: 1,920
NIH.gov: 1,629
ThriveOnline: 1,572
PlanetRX: 1,366
Drugstore.com: 1,361 |
