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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Pluvia who wrote (19105)3/10/1999 1:14:00 PM
From: JC Reddy  Read Replies (1) of 122087
 
Only thing that is driving up HLTH is hype. Its fundamentals are pathetic, at best. $2.5 Billion market cap. $50 mil revenues and $50 mil losses. No certain future. Competition from every corner. About 99% revenues from services and not from licensing.

I know they are backed up by big names, but remember Netscape was bought out for $4.2 billion and HLTH is already a $2.5B company. BTW, target price was $40 in 12 months and it is already there. I don't expect them to have any impressive quarterly results either.
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