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Non-Tech : pamc -- Ignore unavailable to you. Want to Upgrade?


To: RON BL who wrote (223)4/15/1999 11:34:00 AM
From: Goodboy  Read Replies (1) | Respond to of 570
 
It is the first of many. I know of a number of analysts who have expressed a major interest in the company, but are not planning initiation until the insurance business has been seperated from Healthaxis, thus making it a pure interent play. It is gonna get crazy in this stock. The float is not big enough to handle the internuts and for those that don't know, some major players have been sucking up this stock over the past week in anticipation of a much bigger move. I would say the tradable float is less than 5 million shares. Next week should be as exciting as this one. Good luck.



To: RON BL who wrote (223)4/16/1999 10:49:00 AM
From: prolific  Read Replies (1) | Respond to of 570
 
From the analyst report - This is the key - this is when it will become apparent to everyone - that this is not an insurance company - it is an interent company.

"The most likely event for the PAMC and Health Axis organizational structure would be a roll up of Health Axis into PAMC, since its current structure is largely a shell (the entire insurance book of business was reinsured by a third party organization and the only remaining a life pre-need book and military market business which apparently can also be sold to third parties). Alternatively, Health Axis can engage its own IPO with PAMC then a separate owner. We expect this issue to be resolved within a 60-90 day period."