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Gold/Mining/Energy : T.ITE: iTech Capital (TSE) -- Ignore unavailable to you. Want to Upgrade?

To: keith massey who wrote (2064)	11/17/1999 3:52:00 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 5053

Hello Keith, Have you compared Medsite to Mediconsult.com. The follwoing is an excerpt from an article post by Milhouse (someone I respect very much) on Gold-Eagle: Currently, our favourite companies in the Internet sector are Mediconsult.com (MCNS), Liberty Digital (LDIG) and Sportsline USA (SPLN). MCNS provides the premier on-line health resource for patients and physicians. It is in the process of acquiring Physician's Online (POL), a private company that has built up an on-line customer base comprising 80,000 doctors. This is important because, of the (current) total of 10 billion dollars spent each year by pharmaceutical companies in promoting their products, $8B is targeted at physicians. MCNS is therefore cementing, via the purchase of POL, its competitive advantage in an area that offers the greatest potential rewards. Despite being uniquely positioned to benefit from the growing importance of the Internet to the health-care industry MCNS has, to date, gone largely unnoticed by Wall Street. It was purchased for the TSI Portfolio at $5.25 on 21 Oct 99 and has quietly moved up to $7.75. At this price it is still a strong buy (with a stop loss set at $5.50). MCSN has 28M shares out, the stock is now $9. They had revenus of $2M in the last quarter. If Medsite had $15M in 1999 and is heading for revenus of $50M next year, it means that it is further advance than MCSN and should commend a higher market cap. I haven't compared product, but Mediste.com looks like it has better offerings and is much more integrated.