Healtheon Corporation (HLTH) Message Board

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Technology Stocks : Healtheon Corporation (HLTH)

HLTH 0.120

0.0%

Sep 10 5:00 PM EST

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To: DD™ who wrote ()	3/10/1999 4:14:00 PM
From: JC Reddy	Read Replies (1) of 861

Any reason behind the runup? Guess we really don't need fundamentals as long as Goldman Sachs is behind us! Market cap is about 3.5 billion dollars. Revenues $50 million. Losses $50 million. License revenues < 2%. Revenues per employee < $70,000. No certain future. Competition everywhere. No profits in any foreseeable future. Burn rate double the revenues. S-1 filing is full of disclaimers. 50% revenues from the guys who hold the stock. Not an Internet stock. Internet growth has nothing to with HLTH's growth. Only positive thing I see is well known underwriters. That's about it. I wonder what a guy who bought at $48 thinking. Just curious.

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