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Biotech / Medical : Express Scripts(ESRX)-King of PBM's

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To: Henry D who wrote (4)4/12/1999 1:23:00 PM
From: HerbertOtto  Read Replies (1) of 17
 
ESRX Earnings due 4-22 AM

HenryD,
As you know, ESRX is not an Internet pure-play. But ESRX is not a troubled company - looking for a boost. The addition of the Internet sales is a true addition for ESRX. It puts a foot firmly into the future for ESRX.
I believe investors will view this very positively for ESRX.

I posted the following on the YHOO board. Copy here. Not spam.
According to Yahoo! finance - Zacks, ESRX 1st Qtr. earnings are expected on 4-22-99. Last year, ESRX reported 1st Qtr Earnings at 8:35am on 4-23-98. That was a Thursday. 4-22-99 is a Thursday.

With ESRX's earnings track record, and the new Internet touch, the next 2 weeks should be good for longs. My guess is that ESRX will re-test the highs at 105 1/2, then pull-back and establish support in the 92 - 100 area. Then if earnings are Great, it will rally up to 125 - 130 over next few weeks. IMHO

Good luck, ESRX longs!

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