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Strategies & Market Trends : Picks, Pokes, Pigs, Porks & The Penis Envy Trade of the Day! -- Ignore unavailable to you. Want to Upgrade?

To: Stoctrash who wrote (16)	12/4/2000 2:13:08 PM
From: KM	Respond to of 111

Hi. I can't generate any "major wood" (of my own that is <G>) but let me drop my fave on you. HAXS. Looks like total kaka at the moment but it's still undergoing tax selling, about to have a series of good news items, and is down 90% for the year but ain't going out of business. Instead, it's going to get a lot better. Health Coverage Going Internet New York, Dec 02, 2000 (123Jump via COMTEX) -- Forrester Research estimates that about 700,000 U.S. households purchased $500 million in car insurance online last year. The research company estimates that this number will reach 10 million households buying $11.8 billion in auto insurance in 2004. Forrester's future outlook is much less optimistic regarding homeowners' insurance. The company anticipates that about 3 million households will purchase about $1.2 billion in home coverage by 2004. However, nothing compares to the size and potential of cyber health insurance. Business-to-business e-surance is expected to grow quickly. Forrester Research expects that business-to-business online health care will boom from a $6 billion market in 1999 to $348 billion in 2004. That's more than 15 times the forecasted size of business-to-consumer online health care. By 2004, B2B will make up one-sixth of overall trade in the health care industry. According to Jupiter Communications, health e-commerce will grow from $200 million in 1999 to $10 billion by 2004. Headquartered in East Norriton, Pennsylvania, HealthAxis Inc. (HAXS) is a leader in online health insurance. It offers Internet solutions for consumers, as well as business-to-business healthcare insurance sales and administration. HealthAxis launched its online insurance service, HealthAxis.com, through both America Online (AOL) and its own Web site in December 1998. As an integrated company, HealthAxis encompasses end-to-end solutions for the health insurance industry. HealthAxis investors include Intel Corp. (INTC), America Online, Tudor Investment Corp. and First Health Corp. (FHCC). In the second quarter ended in June 2000, HealthAxis Inc. reported a net loss from continuing operations of $16.2 million, or $1.24 per share on a fully diluted basis. Revenue for the period came in at $10.4 million. In the comparable quarter in 1999, HealthAxis reported a net loss from continuing operations of $2.2 million, or 19 cents per share on a fully diluted basis. Excluding merger-related costs and minority interest, the company's operating loss from continuing operations for the current quarter would have been $4.6 million, or 35 cents per share. Founded in 1997 and funded by companies like Dell Computer (DELl) and Goldman Sachs (GS), eHealthInsurance.com is yet another of the handful of Web-based health insurance brokers. The site provides individual, family, small group and senior health insurance policies. Web customers can easily compare the various benefits of each plan and learn if their doctors are included in the plan's provider network. Sales, enrollment and customer service inquiries for eHealthInsurance.com are handled via phone, fax, e-mail and the Internet. The management team and board include former or current executives of Healtheon (HLTH), Pacificare (PHSY), Foundation Health, Aetna (AET), United Healthcare, Lincoln National (LNC), MetLife (MET) and other companies in the field. According to Jupiter Communications, health-related services - not products - will dominate online. The research company found that insurers and HMOs are expected to let health care providers file claims online, thus achieving substantial cost savings. Claims are expected to be the largest piece of B2B health care online. Forrester Research projects that this sector will reach $224 billion by 2004 and will account for almost one-fifth of total health care claims processing. In addition, Cyber Dialogue estimates that 78% of consumers want their health insurer to be online, and 37% are willing to switch carriers for that convenience. No brainer going forward. Discl: I have a long position. BTW, it tripled in a week after the first round of tax selling ended at the end of October.