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Technology Stocks : ADAM Software IPO
ADAM 8.730+3.3%Jan 16 9:30 AM EST

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To: 2MAR$ who wrote (55)5/18/1999 9:32:00 AM
From: Nick Arnett  Read Replies (1) of 161
 
Three things contributed, I think:

Healtheon/WebMD merger rumor -- both are ADAM customers. Microsoft supposedly wanting a piece of the merged company, too.

CVS buying soma.com, says it'll build a consumer health info site.

SNTC buying MMGR, another medical info site.

... in other words, lots of activity increasing the value of the kind of information that ADAM owns and licenses. Add ADAM's low float and you have a formula for strong pressure to the positive.

Nick
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