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


To: Sr K who wrote (742)5/25/2000 6:27:00 PM
From: M. Frank Greiffenstein  Respond to of 861
 
I see Jim Clark has about $215,000,000 to go - I wonder why he is waiting

Your sarcasm is right on point. I sadly agree. Clark has been shooting off at the mouth in a pathetic attempt to talk up the share price. And his more recent statement that HLTH will be profitable at the end of year was so bizarre as to prompt management to issue a strongly worded statement that such conjecture is not true.

Clark is trying to live down his reputation of starting ventures, taking his billions, then abandoning the ship. (Of course, if you had that much money, why would you stick around?) If he really wants to make good on his promises, let him start buying that 215 million on the open market. Why the hell does he need the board's permission to do so?

DocStone



To: Sr K who wrote (742)5/26/2000 8:11:00 AM
From: Greg h2o  Read Replies (1) | Respond to of 861
 
SrK, i agree that it's easier (and smarter) to wait for a bottom.... i just don't agree that HLTH has no business plan. as for buying MMGR instead of HLTH... there's still a good chance that deal won't get done (not b/c of the DOJ, but MMGR might pull the plug). that's why the discount is there. don't know if i want to own MMGR without HLTH.