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Technology Stocks : Healtheon Corporation (HLTH) -- Ignore unavailable to you. Want to Upgrade?

To: Rajiv who wrote (265)8/12/1999 9:34:00 AM
From: ISP_Investor  Respond to of 861
 
Will probably see sucker rally today on short covering:

CNBC Interview- Healtheon not a pure internet business, Admitted MEDE Collar violated by price drop.

Also quarterly earnings below expectations by .03.

Don't be fooled by the price run up today.



To: Rajiv who wrote (265)8/12/1999 9:39:00 AM
From: nohalo  Read Replies (1) | Respond to of 861
 
CEO appeared on CNBC a few minutes ago.

Troubling: float is going to increase substantially, and he had trouble articulating their business model, except to say that they were in the largest service industry in the world.

Currently have no position in this stock, but follow it closely, as I'm a health professional.

Feel they have to do more thinking to have a clear idea of where their revs are going to come from, and how they should go about it.

DA.


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