pamc Message Board - Msg: 8961898

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Non-Tech : pamc

PAMC 46.54

+1.8%

Nov 5 4:00 PM EST

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To: RON BL who wrote (223)	4/16/1999 10:49:00 AM
From: prolific	Read Replies (1) of 570

From the analyst report - This is the key - this is when it will become apparent to everyone - that this is not an insurance company - it is an interent company. "The most likely event for the PAMC and Health Axis organizational structure would be a roll up of Health Axis into PAMC, since its current structure is largely a shell (the entire insurance book of business was reinsured by a third party organization and the only remaining a life pre-need book and military market business which apparently can also be sold to third parties). Alternatively, Health Axis can engage its own IPO with PAMC then a separate owner. We expect this issue to be resolved within a 60-90 day period."

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