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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: LANCE B who wrote (10180)	6/29/1999 2:44:00 PM
From: JeanD	Respond to of 108040

WCEC on major dip today ... stock moves down on very little volume.

To: LANCE B who wrote (10180)	6/30/1999 7:00:00 AM
From: Norms	Read Replies (2) \| Respond to of 108040

PPOS WAS THE INCREDIBLE PLAY OF THE DAY! - Are they a Takeover Candidate? Well Lance - you're not the only one that missed PPOS on that incredible dip from $7.00 to $5.00 and then back up to $7.72. There seems to be a much bigger reason for the run than this incredible news release. I think we will find out very soon what's happening. With earnings like that - maybe they are prime candidates for a takeover shortly. I will be adding to my holdings. *********************************************************************************** HealthStar Corp. Announces Revenues Up 115% And Record EBITDA of 42 Cents Per Share PR Newswire - June 29, 1999 12:46 SCOTTSDALE, Ariz., June 29 /PRNewswire/ -- HealthStar Corp. (OTC Bulletin Board: PPOS), announced today the results for its fiscal year ending March 31, 1999. Revenues increased 115% from $7,853,996 to $16,915,292, an increase of $9,061,296. The Company recorded an after-tax loss of $175,670 or $.05 per share on 3,216,676 weighted average shares outstanding. Earnings before interest, taxes, depreciation, amortization (EBITDA) was $1,341,106 or 42 cents per share. "Fiscal 1999 was a year of positioning for strong growth, as the HealthStar Inc. acquisition was integrated into HealthStar Corp.'s operations," said Stephen Carder, HealthStar's CEO. "We improved our overall balance sheet through positive cash flow from operations and the conversion of debt into equity. The Company's shareholder equity increased to $8.4 million from $5.0 million from 1998 to 1999, a $3.4 million increase," he added. The Company added over 10,000 new physicians and 300 acute care hospitals to its PPO network. HealthStar is currently seeking strategic alliances in its attempt to build shareholder value. The Company derives the majority of its revenue from fees charged to clients for access to the Company's network of contracted healthcare providers. The Company's client base consists of a variety of payors of medical claims such as insurance companies, third-party administrators and self-insured employers. Access fees can be either a fixed, monthly fee per enrolled subscriber which is called a capitated fee or can be based on a percentage of the amount of the discount from billed charges which is granted by a contracted provider. HealthStar Corp. is a healthcare management company dedicated to controlling the costs, improving the quality and enhancing the delivery of healthcare services. The Company provides related products and services designed to reduce healthcare costs. HealthStar's PPO network includes 121,000 physician locations and 1,900 acute care hospitals and is offered in 39 states. HealthStar markets and provides programs and services to over 350 insurance companies, self-insured businesses for their medical plans, health and welfare funds and third parties who administer employee medical plans. These programs and services assist the Company's clients in reducing healthcare costs for group health plans and for workers' compensation coverage and automobile accident injury claims. For additional information on HealthStar Corp. and its managed care programs, visit the company's website at www.healthstarinc.com. Or contact: Stephen J. Carder, (602) 614-4285. SOURCE HealthStar Corp. /CONTACT: Stephen J. Carder of HealthStar Corp., 602-614-4285/ /Web site: healthstarinc.com (PPOS)