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Biotech / Medical : Health Management Systems, Inc. (HMSY)- Great BuY!
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To: Scott Ozer who wrote (63)5/27/1998 11:20:00 PM
From: Rodrigo Rocha  Read Replies (4) of 203
 
These results were in line with my expectations. During the CC we shall see the progress they are making in closing new contracts, as well as the increased level of RFP's which will lead to even greater sales. Revenue recognition is delayed, and starts to show up two to three quarters after signing a contract, therefore the MOMENTUM is increasing. I also suspect that as in the last quarter they provided for excess bonuses. Paul is understating what is actually happening because he wants to create MOMENTUM.
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