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

To: Don Hand who wrote (300)	6/4/1999 7:39:00 AM
From: Goodboy	Read Replies (1) \| Respond to of 570

The stock got ahead of itself with the reccomedation by E-Trade with a price target of $90. The company will justify that type of number as the year progresses, they roll out their full offerings, take advantage of their portal deals and add more insurance company offerings. Healthaxis is closer to the venture stage than the business growth stage. By the end of the summer going into the 4th quarter, they should be doing big business and every e-commerce analyst out there will launch coverage. Everything here has been a little bit premature (although it made me an awful lot of money). The CEO is not the CEO of Healthaxis, but the CEO of PAMC. He will likely step down after the two companies have merged into one. He has been selling stock since it was $5 on a consistant basis with no regard for the price. He is obviously cashing out 20 to 30 percent of his holdings as he is retiring. Some of the other officers are doing the same as new executives will replace them, they will be leaving the company. If you focused on insider transactions, focus on Mike Ashkars holdings ( the new president of the company). If you put any wieght on Clemens sells over the past 12 months, you would not have been buying this baby around $6 or $7. This stock has been a winner and will be a much bigger winnner in 3 to 6 months or less ($50 to $75). The model and size of market are fantastic. Couple that with the barriers to entry, real estate, alliances, talent and new funding and this can be one of the more succesful (profitable) businesses on the net. I would be a very strong buyer of this stock.