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Microcap & Penny Stocks : AVRI Applied Voice Recognition -- Ignore unavailable to you. Want to Upgrade?

To: MomentumMan who wrote (105)	2/24/1999 3:33:00 PM
From: Mike Irving	Read Replies (1) \| Respond to of 113

MM: The effective float is around 5mill. The company plans to market to only the larger doctor groups and hospitals. Since they are giving away the hardware, it would not make fiscal sense to give every 1-2 doctor practices machines. EDOCs business plan makes sense when applyed to the larger groups because of scale. It is like computers. The individual is best served with a PC, but a big company needs network servers to handle things. The real gold-nugget is the developement of a national physcian intra-net. Think about it: I'm sure that once the doctors have the terminals, that there are many other uses for it besides transcription. What is the potential of having 100,000 doctors utilizing YOUR network? Doctors have to, by new law, generate more accurate and timely patient encounter reports. When you converge the new technology that EDOCs has with overwhelming need with the doctor community, I think you have a great company. Using the internet to lower costs of communication is what you read about every day, and is causing this "revolution" in information technology. Simply put: EDOC is marrying the medical transcription business with todays technology. Keep in mind that the transcription business is a 6billion a yr sector, with NO ONE COMPANY commanding more than 5% market share! This field is wide open for the company that can move the fastest. Plus L&H thought enough about the business plan to invest 8.5 mill. By the way, since this company is now considered an INTERNET company, SI has a designation for internet stocks exclusively, can you or anyone that knows how, start a new thread on that site for this company? THAT WOULD BE GREAT!! Many thanks in advance.