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Microcap & Penny Stocks : Integrated Healthcare Systems (IGHS)

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To: Andrew H who wrote (3)4/28/1998 12:40:00 PM
From: Warlock  Read Replies (1) of 196
 
I just got off the phone with Steve Bingerman, Investment Banker for IGHS. The shares outstanding is 4.8 million, float is 2.5
million. They will be fully reporting in May. Net Assets: $2.3 million. They lost 700,000 last year, but expect .10/share operating
this year (this excludes several major contracts upcoming. . . .so income should be much higher). They expect to rapidly expand
their software system sales, probably 500 hospitals by the end of the year. They have 2 major deals, probably will be announced in
May, one early May (not this week).
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