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Biotech / Medical : QMDC --- QuadraMed Inc -- Ignore unavailable to you. Want to Upgrade?

To: DTRock who wrote (24)	5/1/1999 10:54:00 AM
From: Sprucegoose	Respond to of 59

Well, it's been quite some time since I looked at this board. Most my time has been spent on the Yahoo-Quadramed board which has been quite active of late. Anyway, I thought I'd post the following message from the Yahoo board that was posted by the Remington Fund's manager. He's been quite good at calling the latest moves on Quad. "...Being that the following was covered in a regional newspaper I thought I should post some of the highlights as it is improbable that the article will be picked up by the national wires. First, I would like to say that Mr Goose (post 1442) pretty much summarized my feelings about the conference call and subsequent pronouncements of an excellent quarter.... which it was. There will be some lag time before some of the market makers and sector funds jump back into the market however, many of these entities have a decent cash reserve and will get back in. Obviously, it is my feeling that Quadramed will play a major role in moving the entire sector out of the current depressed state. The news article, which was published in the Marin IJ this evening (29 April 1999) had some very telling quotes from some of the major players in the field. Basically, all those analysts interviewed had good things to say not only about the first quarter but, more importantly, the entire fiscal year ahead. The two most interesting comments came from Make Clulow of CIBC Oppenheimer in New York and Mark Mulcahy an analyst at Volpe Brown. Clulow stated that, '...overall, it was a strong quarter (for Quadramed)...'. Both agreed that '...they (Quadramed) will definitely be one of the dominant players in the industry in the long term....'. Mulcahy went on to say, '...although that call (the last conference call that resulted in the massive down grading of the stock)...dented our confidence in our model for the quarter and the year, these strong results (announced in the last conference call).. should go a long way to reassuring us and should dispel much of the uncertainty that has surrounded this stock for the last few months....'. The Remington Fund has always been a fundamental investor. The fact of the matter is, is that Quadramed has the necessary fundamentals to prove a winner. That is why, over the past several weeks, we have more than doubled our position. Ross Pascall ross@remingtongrp.com Remington Group (USA) Tel: 1(415) 435 7000 URL: Remingtongrp.com

To: DTRock who wrote (24)	5/1/1999 10:56:00 AM
From: Sprucegoose	Read Replies (2) \| Respond to of 59

On second thought, it might be a good idea to post my post that Pascall was referring to: ".. Look everybody, just take a Prozac and by: sprucegooseII (64/M) 1442 of 1452 relax. One of the biggest, most analyzed stocks in the sector just took a 9 BILLION dollar bath. OVERNIGHT!!! You're fooling yourself if this doesn't come to mind of every analysts, MM and fund manager when he thinks of jumping back in the water. The conference call alerted all that there were generally good times ahead for Quad. POSSIBLY the only company in the whole damn sector that can say this! You can't expect this whole group to just jump up and down and pour millions into Quad. I might remind you that this same group just WEEKS ago lost their shirts (and wallets) in Quad and other sector Co. SO, my fellow postees what does this all mean? It means that all these analysts will want personal face time with Durham and the new boy in town to get, and they will, assurances that this quarter is not a flash in the pan. Those of you that heard the conference call will remember that nearly ALL the participants asked questions that were not answered. Rather, they were told that these questions would be gone over WHEN THE GRAND WAZOOS got in touch with them personally! THIS is when the big boys will jump back in so they'll look like heros picking the leader of the pack. In the meantime individual investors will putz around with the stock and the price will stay pretty much where it is now, FORMING AN EXCELLENT HIGH BASE. Antzy investors with big profits (remember 4.5) will get impatient and get out. New investors will get in and when we take off again, we won't be carrying so many investors with very big paper profits to protect. We'll be overloaded with investors that are still looking for profits above 10. This is the normal course of events. Any stock that goes straight up with no recycling of stockholders has no resistance on the way down. Look back over some of the Remington Newsletters, this is where I gained much of this insight. One of the newsletters said something that stuck in my mind, something like, every stockholder in a company is a liability to the company in that all they can do is sell. Their purchase is already factored into the current price. It's the new (or recycled) stockholders that will move us along. Believe me, they'll come. So, forget looking at the damn price every 10 minutes, relax, and wait for the fundamentals to prove out.