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Biotech / Medical : AHTC Corp (AHTC)-formerly Advanced Health (ADVH) -- Ignore unavailable to you. Want to Upgrade?


To: Zebra 365 who wrote (347)1/14/1999 12:46:00 PM
From: Don Earl  Read Replies (1) | Respond to of 371
 
Hi Zebra,

Thanks for the input. My investment was based more on the fundamentals of the company. Nearly $7 book value with about $3 of that in cash. December and early January seems to be a good time to pick up basically solid stocks that have been beat to death during tax loss selling season. Once the selling pressure lets up and the weaker hands cut their losses and bail, the correction to a slight premium to book tends to take place fairly quickly.

From what I read in the SEC filings, I think the company has some interesting prospects for growth. It's going to be interesting to see what kind of effect the ads in the WSJ will have on the stock price.

Since book value is double that of YHOO, does that make ADVH worth
$700 as long as they can avoid becoming profitable? or will they have to find a way to reduce tangible assets to become an internet play?

Might have to treat it as a tech/medical stock and wait for it to beat estimates by a penny so it will gain $20 over the next quarter.

Regards,

Don