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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (88845)1/25/2001 9:10:25 PM
From: Shane M  Read Replies (1) of 132070
 
Michael,

Do you have an opinion on HLTH (Healtheon WebMD) for a put? They lost $786 million last quarter on $151 in somewhat questionable revs (shared internet advertising is a component) and have a mkt cap of about $3.4 million. Loss only seem to be accelerating and revs aren't. At the rate they're going they'll have losses greater than their mkt cap within a year.

What holds a stock like this up, and does it have characteristics you'd look for in a put?

Shane
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