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Biotech / Medical : Physician's Computer Net (PCNI)
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To: Curtis Gruber who wrote (29)1/17/1997 2:06:00 PM
From: Scott Olsen   of 290
 
There was an article in Investors Business Daily yesterday about Microsoft putting together a deal with IDX. "IDX, which makes information systems for health-care groups, will begin selling a software package in April that will give doctors internet access to patient data...IDX developed the software, called IDXtendR Outreach, with Microsoft."

If Microsoft is getting involved in this industry, it must have a lot of potential, and so does PCNI. The only thing that bothers me about PCNI is the 53m shares outstanding. That is a lot. Still, they are trading at a 16 PE for the conservative 97 earnings estimates. I have heard this stock should double over the next year, what have you guys heard?

Scott
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