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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Bucky Katt who wrote (8796)6/29/1999 10:22:00 AM
From: StockHawk  Read Replies (1) | Respond to of 57584
 
Looks like CMGI is reacting favorably to the Alta Vista news. From the press release:

Under the terms of a definitive agreement, Compaq will transfer 83.0 percent equity ownership in the AltaVista business to CMGI. Compaq will retain 17.0 percent equity ownership in the AltaVista business and hold a Board seat. In return, Compaq will receive 19.0 million CMGI common shares and CMGI preferred shares equivalent to 1.8 million CMGI common shares, which combined, would represent a 16.4 percent fully diluted equity stake in CMGI. In addition, CMGI will issue a $220 million three-year note to Compaq, bringing total consideration for CMGI's 83 percent ownership in the AltaVista business to approximately $2.3 billion, implying a total value of $2.7 billion for AltaVista. Compaq will also take a seat on the CMGI Board of Directors and plans to announce the appointment to this new position in the coming months. The agreement, subject to normal regulatory approvals, is binding on both parties and does not require shareholder approval for the closing.




To: Bucky Katt who wrote (8796)6/29/1999 10:38:00 AM
From: flyboy  Read Replies (1) | Respond to of 57584
 
ICSL just had a pullback...Tuesday June 29, 8:00 am Eastern Time
Company Press Release
SOURCE: Innovative Clinical Solutions, Ltd.
Innovative Clinical Solutions, Ltd. (ICSL) To Deliver Internet-Based Solutions to Physicians
PROVIDENCE, R.I., June 29 /PRNewswire/ -- Innovative Clinical Solutions, Ltd. (Nasdaq: ICSL - news), formerly PhyMatrix (Nasdaq: PHMX - news), today announced that it has begun to implement its relationship with Cybear, Inc. (Nasdaq: CYBA - news), the Internet-based healthcare communications technology company. ICSL's Network Management division, which manages more than 9,000 physicians through Independent Practice Associations (IPAs) and physician specialty networks, is beginning to install and utilize Cybear's internet-based SolutionsMD(SM) product in the first 1,000 provider offices in ICSL's physician networks. ICSL Clinical Studies and ICSL Healthcare Research also plan to soon begin installation and utilization of Cybear's product throughout their various research locations.

Under their agreement, ICSL and Cybear will explore the joint development of internet-based tools for clinical and outcomes research and disease management programs. These tools will be designed to enable ICSL to implement its strategy of promoting cost-effective healthcare delivery by integrating clinical and outcomes research with medical management, thereby decreasing therapeutic development timelines.

Bryan Dieter, Chief Information Officer at ICSL, said, ''We are pleased to begin the implementation of our relationship with Cybear. Their physician-based product and ability to develop specific applications that are easily implemented and maintained, will allow us to enhance the value of the services we provide to our physician partners. It also presents us with an information tool that we can utilize in implementing many of our growth strategies.''

Innovative Clinical Solutions, Ltd., headquartered in Providence, Rhode Island, provides services that support the needs of the pharmaceutical and managed care industries. The Company integrates its pharmaceutical services division with its provider network management division to create innovative solutions for its customers. The Company's services include clinical and economic research and disease management, as well as managed care functions for specialty and multi-specialty provider networks including more than 9,000 physicians and over 8 million patients nationwide. The Company's components include ICSL Clinical Studies, ICSL Healthcare Research and ICSL Network Management.

This press release contains forward-looking statements regarding future events and the future performance of Innovative Clinical Solutions, Ltd. that involve risks and uncertainties that could cause actual results to differ materially. These risks are described in further detail in the Company's reports filed with the Securities and Exchange Commission.




To: Bucky Katt who wrote (8796)6/29/1999 11:05:00 AM
From: Rande Is  Read Replies (3) | Respond to of 57584
 
WITC. . .just before I left for vacation. . .you may remember me saying. . "I'm a buyer at 9" . . ?? . . .the absolute low for the stock?? ?? . . Exactly 9 . . [now up well over 3 times that]

Too bad I went on vacation just after posting. . .it hit 9 about a week or so later. . [I cancelled my limit orders just before I left.]

I guess this was an important post. . .

Message 9966980 or
Message 9965869 reply to your
Message 9965103

Friday, Jun 4, 1999

Joe, WITC: Traders use their brokerage services now. And if their plans come true, this could be a contender in the online brokerage race, in my opinion.

Their digital trading service scheduled to be released this year, will allow us to trade directly with one another 24 hours a day 7 days a week. . . without MM commissions and spreads, etc. That is revolutionary.

And if they allow the little guy to buy IPOs, then that too is revolutionary. . . I am not crazy about traditional online brokerage houses, so anything that goes against the grain, gets my vote.

My OTC rules are to keep me from making mistakes with OTC and penny stocks. WITC has filed their IPO registration which includes all financial data, etc. . .or they would not be allowed on the Nasdaq.

And I think that 9 is a fair price to start a position. If it drops lower, I would average down some. This is all keeping in mind how desperate we were several times over the past year, to find small online brokerage houses to bid up to the sky.

In fact we need to keep a list of any tiny brokerage houses. . .especially those with tiny floats. They all are potential skyrockets when the mania returns.

Rande Is