pamc Message Board - Msg: 8976562

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Non-Tech : pamc

PAMC 46.54

+1.8%

Nov 5 4:00 PM EST

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To: Steven M. Kaplan who wrote (232)	4/16/1999 11:26:00 PM
From: Steven M. Kaplan	of 570

Movers and Shakers Apr 16 1999 1:50PM CST Archives... wallstreetcity.com Provident American Corp. Rated Buy by Theo Spradlin Provident American Corp.(PAMC) has risen from its fifty-two week low of $2-3/4 to a new intraday high of $36-7/8. PAMC share price has settled to $33-3/8 which remains in new high territory. PAMC found resistance at around $13 in January and has been as low as $6 since then. PAMC charts steady upward growth since early March and when it broke $13, the stock price based for about a week and then took off. Yesterday, E-Offering's Electronic Commerce Analyst, Gary Craft, initiated new coverage of PAMC with a Buy rating and a 12-24 month target price of $75-$90/share. E-Offering is an online investment banking firm funded in part by E-Trade that provides Investment Research and Capital Markets services to institutional and individual investors. PAMC through its 2 subsidiaries, Provident Indemnity Life Insurance Co. and Provident American Life and Health Insurance Company, underwrites and sells life and health insurance. Disclaimer: This report is published solely for information purposes and is not to be construed as advice to either buy or sell a security. Trading involves risk, including possible loss of principal and other losses.

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