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Biotech / Medical : McKesson HBOC (MCK) -- Ignore unavailable to you. Want to Upgrade?

To: Tom_ who wrote (69)	4/30/1999 2:00:00 PM
From: Doug	Respond to of 165

Tom: You tuned in correctly. I was kind in assuming that the $88m Income came directly from Software Sales (near 100% profit assumed). In fact it is more likely that their Overall revenues will be down much more and they have used this excuse only to mention its affect on Income. Its too early to dollar average. The reward: risk is $2+: -$10. The Company has to do a Forensic Audit 3 yrs min to satisfy the Law suits. It may come to light that HBOC was like the rest of the Industry Channel stuffing every Q. Unfortunately because of Y2K, the Channel really ballooned and it was either time to download (No sales for the Q e.g NETA) or Write Down the lot.If there are more roaches, the street will insist on another clip. If things are okay one may see a pop of $2. Choice is yours.