Hi Tom! Yup always here with my little nest egg tucked away.
With regards to some of the pessimism regarding medsite, I'll offer the following.
Medsite may be a pleasant surprise to us this fall.
Rec'd from the "Internet Investor" last night.
as follows:
4. WEBMD in Perfect Health
by Scott Greenberg
Related Stories: streetadvisor.com
After a few months of rest, Healtheon/WebMD [HLTH] is looking better than
ever. Why? The stock has steadied amid negative press and merger
uncertainty and is poised to explode as these issues become resolved.
Result: We are maintaining our buy rating on the company.
Right now it's easy to dismiss Healtheon, but this makes it a perfect time
to buy -- just ask founder Jim Clark and hedge fund guru George Soros.
Once the mergers are completed, the synergies and cost savings should
begin to materialize, and Healtheon's stock should rebound.
As each quarter passes, Healtheon will make a clearer case to the Street
on how it will dominate eHealth. It has superior management, ample
funding to reach profitability, and a business that benefits patients,
doctors, and insurance companies.
Healtheon, however, is not focusing merely on the net. It recently
completed a deal with AOL and Time Warner. The Health Network, which will
become WebMD Television in the fall, will be distributed to 60 percent of
Time Warner's audience, as well as to 3 million of Adelphia
Communications' [ADLAC] subscribers.
This will obviously help Healtheon with publicity, but it should do more
than that. By being on TV, a broader reach of people -- including those
not necessarily comfortable with the Internet -- will grow to know and
trust Healtheon and its value-added services. |
