SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : DRKOOP.Com,Inc - (Nasdaq - KOOP) -- Ignore unavailable to you. Want to Upgrade?


To: Eric Fader who wrote (467)7/28/1999 7:18:00 PM
From: westpacific  Read Replies (1) | Respond to of 595
 
Agree with Eric - generating revenue is key for success and they don't have it.

Revenues for the second quarter and first six months of 1999 were
$1.0 million and $1.4 million, respectively. Loss attributable to common stockholders for the second quarter and first six months of the year was $17.7 million and $42.1 million. Net loss per share for the second quarter and first half of the year was $1.28 and $3.75

On Health Network is proof of the failure of this model. Stay away from KOOP - this is a real high risk play. Dollars in healthcare are controlled by Managed Care companies and pharma. players. Koop is purely an educational site and know one will support this. Unless a healthcare internet play can increase ROI for a managed care company or save a physician dollars and time - it will fail. Right now KOOP has no proof that it can execute around this problem.

I have yet to see a inet health model that I will invest in - there is one private equity company that will go public in the future that I will pour money into. It has a model that addresses the above and is paid for by MCO's and Pharma for the patient to use.

My company does executive consulting for 14 years in managed care so I know what I am talking about.