Re: what is the status of the Janus 15
by: tonydunning1234 11/12/00 8:50 pm
Msg: 50197 of 51247
It was not an anonymous poster, rather I posted the info regarding Janus, not selling and purchasing an additional 9.5 million shares. For you doubters just call WEBMD investor relations 1877GOWEBMD. Janus did register the 15 million privately acquired shares, which they had to do eventually. The timing was bad, especially when you consider the fact it was tax selling season. Janus may have been contemplating selling, but the fact is simple, they did not sell. Maybe they decided to keep the shares after learning old management was out and Wygood was in. Your guess is as good as mine. I am long HLTH and think the strength of the management team, corporate relationships, the cash on hand, and the continually growing customer base is a powerful combination. The strength of the brand, and a more clear focus to profitability and cost cutting will see us turn the corner from red to black sooner. Remember, technology will be brought to bear on the fragmented and inefficient system of healthcare. There will be resistance and HLTH may not be the long term winner, but it sure has a jump start on its competitiors. I still remember when everyone laughed at on line purchases, reservations, email, computer memory, WANs, LANs, and cell phones. The advantage over Medunite is clear, doctors and hospitals, don't trust and don't like insurance companies. If an insurance company is in charge of the processing, administration and approval system doctors and hospitals know they will try to use it to tell docs and hosps what and how to do things. HLTH is a pure tech play focused on making things easier and more efficient for the doc, insurance company, hospital, and patient. They want to use tech applications to simplify and stream line things. When was the last time you heard of an efficient or effective insurance company. Medunite may be a part of the process, or help set standards but they won't be a major play, unless they are spun off as an independent buisness. The concept that medunite is going to do what HLTH does, is as ridiculous as HLTH going into the insurance buisness. In this modern era you need to focus on your core buisness and outsource the details. I would love to see the insurance companies spend millions on Medunite and watch it flop--it would just help everyone realize the strength of HLTH's buisness model. Stop worrying about the day to day swings in the stock and start dollar cost averaging in and hold on, to many of you inguesstors think you can pick the exact bottom and you will be a millionaire next week--good luck. If you buy a speculative company like HLTH do your own research and then if you have faith in the company, management, wait for the stock to be punished and buy a little, then keep adding when it's down--don't go crazy but try an accumlate a bit and then wait--have patience--wait--keep your research up to date and wait. Good luck to the longs, watch out shorts and I wish bubba would just shut up, although I am entertained by his stupidity and the fact that anyone thinks the moron knows anything. Hi bubba hope you read this far.
Posted as a reply to: Msg 50194 by hlth_will_be_big_in_2_years
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