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Microcap & Penny Stocks : Buying opportunity - Market maker out of business -- Ignore unavailable to you. Want to Upgrade?


To: bullhead who wrote (410)4/2/1998 10:17:00 AM
From: Master (Hijacked)  Read Replies (3) | Respond to of 472
 
Looks like a solid MNYC bottom at 2 3/4. All the market makers
hovering around 3. Although I just bought almost 1% of the
common float the ask didn't move though. I see only IMMEDIATE UPSIDE here with a new MM coming in!



To: bullhead who wrote (410)4/2/1998 11:18:00 AM
From: Master (Hijacked)  Respond to of 472
 
MDIX NEWS FLASH, now asking 3/8-

Thursday April 2, 11:00 am Eastern Time

Company Press Release

SOURCE: Prime Health Source

Cymedix Lynx and Prime Health Source Announce
Strategic Alliance For Marketing and Sales of
Internet-Based Healthcare Communications Technology

LAGUNA NIGUEL, Calif., April 2 /PRNewswire/ -- Cymedix Lynx, a division of Medix Resources (Nasdaq: MDIX - news) and Prime Health Source today announced an agreement for marketing and sales of Cymedix Lynx' medical information systems technology. Under the terms of
this agreement, Prime Health Source has been retained to provide sales and marketing services on behalf of Thousand Oaks, California based Cymedix Lynx in the Western and Mountain states as well as in the western provinces of Canada. Target markets for the Cymedix Lynx technology are health plans, medical groups, managed care organizations, physician practice management organizations, laboratories, radiology centers, pharmacies and other organizations which have the need for regular communication and interface with physician offices.

Cymedix Lynx is the first completely secure, patented medical communications product that makes use of the Internet. Using the Cymedix Lynx software, which is provided at no charge, sponsoring
organizations and physician offices can securely and efficiently electronically request and forward authorizations, make medical referrals, order medical procedures, receive and store test results,
check patient eligibility, and report financial and encounter information. An important component of Cymedix Lynx is its Universal Interface technology which allows for efficient linkage between the Lynx Internet software and sponsoring organizations' current information systems as well as with physician practice management systems. This eliminates the need to replace or reconfigure existing technology.

''We are particularly excited that Cymedix Lynx has selected us to represent their advanced and leading-edge technology,'' said Peter Sterman, Ph.D., Founder and Principal of Prime Health
Source. ''We believe that the Cymedix Lynx product is unique within the healthcare arena and that it offers tremendous savings to healthplans and other sponsors over current systems using phone and
fax based encounters for functions commonly performed in various managed care environments,'' Sterman said. ''Further, providing the software to physicians free of charge and only charging
sponsoring organizations for the actual transaction costs allows the entire health care system to take advantage of time saving and cost saving electronic transactions.''

Keith Berman, President of Cymedix Lynx commented, ''the selection of Prime Health Source completes the first stage of our marketing plan. We feel privileged to have secured the services of
Peter Sterman and his organization, who bring years of medical sales experience, a steady hand and a book of ready business to our young vibrant company.''

Prime Health Source is an independent sales organization representing a portfolio of healthcare's most innovative companies, products and services. Through its national scope, network of senior
contacts and experienced healthcare sales professionals, Prime Health Source successfully provides its partners with a reduced cost, results-driven alternative to their sales and marketing activities.

SOURCE: Prime Health Source

Take that- ADRX!

On MNYC- Looks like I should have waited an hour and bought
MNYCP which just tanked instead of MNYC.