HMSY-Edgar Online SEC Filing Sep 15 1997
Form 10-Q for HEALTH MANAGEMENT SYSTEMS INC filed on Sep 15 1997
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q
On May 28, 1997, the Board of Directors authorized the Company to
repurchase such number of shares of its common stock that have an aggregate purchase price not in excess of $10,000,000. The Company may
repurchase these shares from time to time on the open market or in
negotiated transactions at prices deemed appropriate by the Company.
Repurchased shares will be deposited in the Company's treasury and used for general corporate purposes. Through July 31, 1997, the Company had repurchased in the open market 237,500 shares, for an aggregate purchase price of $1,258,000.
AND
In July 1997, the Company acquired substantially all the assets of
the subsidiaries of GHS, Inc. ("GHSI"), Global Health Systems, Inc.
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Buy Repurchasing It's Company shares back on the open market,
Does this mean the company is getting stronger, or is it a merger candidate?
ALSO
HMSY- ACQUISITION OF THE ASSETS OF
GLOBAL HEALTH SYSTEMS INC. AND GHS MANAGEMENT SERVICES
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It looks like a turnaround stock to me, OR a possible take over.
any way you look at it could be a good thing.
doesn't anybody have any input ? |
