SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : pamc -- Ignore unavailable to you. Want to Upgrade?


To: RON BL who wrote (175)3/24/1999 7:55:00 PM
From: Goodboy  Read Replies (1) | Respond to of 570
 
I think April will be a big month for PAMC. Once the financials are out, the possibility that this becomes Healthaxis.com the company rather than the web site is very high. In addition, the new platform (meaning no longer a struggling Penn based insurer, but rather an on-line discount insurance broker) will allow the company to have their first coming out party.

NO doubt this stock will rocket when it is no longer associated with the former PAMC's business and those e-commerce players in the industry begin to focus on the Healthaxis business model. I think it is a killer. Maybe it won't get stupid like most of the other .com's on valuation. This is only because they don't sell high margin products like Amazon or CD NOW (this is a joke for those of you that don't know their margins). Nobody has the recurring revenue model that this business will have and the compelling win/win for the consumer and the insurance companies. Not to mention that little old Healthaxis will get a nice cut of the pie.

I think the stock will be in the 20's during April. Not exactly an Internet IPO level, but respectable.