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


To: REH who wrote (274)10/10/1999 10:40:00 AM
From: Sam Sara  Read Replies (2) | Respond to of 861
 
From NT Times article on Jim Clark:

The Healtheon men and their banker were not just creating a presentation. They were inventing the manner in which their business would be judged, at least for the next few years, while they lost great sums of money. You do the math became one of Mike Long's favorite phrases. You do the math gave the investors something to do with their hands while he spoke. And if they actually did the math they arrived at the most fantastic sums. Multiply 500,000 doctors by $20,000 a year and you wound up with $10 billion a year in revenues. Microsoft had $14 billion annually in revenues.

nytimes.com