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Good morning wantoberich, looks like
we picked up some TA points yesterday on the chart
FLCR, could get jiggy
No dilution, and overdue for News
golfman8042,
may have to extend your vacation, lol
FLCR looking bullish on bollinger bands...
All respects, eom
chip, FLCR friday, mm's took 65k at the bid .08 and didn't even flynch, friday volume was 68k
that said, on level 2
bid support strenghing and more mm's on the ask side are
coming down into low teens positions from higher teens positions
maybe another rally setting up for the making ???
guess the key off will be watch for volume as an indicator as to if a pr is coming, since last pr was june 7, way overdue
can you do that downtrend line again on the flcr chart again?
tia
Posted 7/20/2004 10:37 PM
Today's Top Tech Stories
Report to promote e-records for health care
By Julie Schmit and Julie Appleby, USA TODAY
Three months ago, President Bush set the goal for every American to have an electronic medical record — instead of a paper one — within 10 years.
To get there, the government will consider ways to encourage doctors and hospitals to make the investment in technology, including the possibility of grants or low-interest loans, according to a report that will be released Wednesday covering the broad outlines of how to achieve Bush's goals.
The plan, while short on specifics, marks the biggest effort by the federal government so far to encourage the use of computer technology to modernize health care, just as other industries have turned to technology to cut costs and improve quality.
More than 90% of the nation's health care transactions still occur via phone, fax or an exchange of paper. Technology could cut the nation's $1.6 trillion-a-year health care bill by at least 10%, says Secretary of Health and Human Services Tommy Thompson.
He added that it might not take 10 years to meet Bush's goal: "In the next couple of years, we will see electronic health records."
Because federal and state governments, through Medicare and Medicaid, pay much of the nation's health care tab, Thompson said, "It should be a condition of doing business" with the government for hospitals and doctors to use electronic medical records.
Tech-savvy hospitals and doctors have already reduced errors with use of electronic medical records, electronic prescriptions that are always legible and software programs that warn or remind doctors of care options.
The government's plan, prepared by Dr. David Brailer, appointed as the nation's first health care tech czar in May, lays out broad strategies, including:
• Encouraging the nation's 700,000 doctors to invest in computers, software and training to keep medical records electronically. Only 13% of U.S. hospitals have electronic medical records, the report says. Anywhere from 14% to 28% of doctors' offices do.
Cost is a roadblock. Doctors spend about $10,000 a year for such systems. They save $19,000. But two-thirds of that flows to those who pay for care, insurers and employers, says Partners HealthCare System in Boston.
A panel of industry executives, to be appointed soon by Thompson, will review whether government low-interest loans and grants might be made available.
• Developing secure ways for doctors, hospitals and others to share patient information electronically. Common standards are needed to send information across the Internet, and to make sure it's secure.
• Creating a portal for some Medicare patients to access their billing information online through a pilot project later this year in Indianapolis. If it works, Thompson hopes to take it nationwide next year.
Health care executives welcome the government's focus, but they warn concrete plans are needed and progress might be slow.
"You don't change a cottage industry overnight," says Sam Karp, director of information technologies for the non-profit California HealthCare Foundation.
bb/bb, usually doesn't happen, but it's friday late afternoon and
sometimes I do switch to another in house broker, if need be
I am not a daytrader, or a flipper, so online doesn't
meet my needs
plus, my commission I pay are 34 bucks or so when I execute
and that's fair to me
I know that there are cheaper commissions out there,
attempted to grab that 6k block plus some at 3:45pm
but as I was on hold with broker for 9 minutes,
someone else grabbed em at .0875
notice 15k traded after the bell, my level 2 doesn't show
after hour or premarket trades
does anyone know what the 15k traded at?
got rid of the happy hour sign for now
:)
advice
well taken
I asked vaz to remove a few posts
that I posted
Had more than the limit of red pops and wasn't thinking straight, had a bad day and red pops put me
into turbulence mode
Been long in FLCR for more than six months and still am
I apologize to the board.
foot has a whole in into a mile wide.
let alone the hangover
it is inevitable that one of these days
we get some news
just have to wait patiently
volume will be an indicator, till then...zzzzzzzzzzz
good morning eom
level 2, gnet looking to buy shares, no sellers
time for market makers to make a market
still thinking there is a short position on this
we will see how fast on little volume pps goes up, that is,
if and when we get news
this stock is tightly held
FLCR is in accumulation
again at this level
Let's see how long the sale lasts
lxCimi, based on what fundementals?
What has changed since you last stated it was
going up?
Golf, the ceo stated in the last pr
"While certain programs are taking longer to develop than we anticipated, others are developing rapidly and I continue to believe that our efforts will lead to profitability in the second half of 2004. I, along with the other members of FullCircle's management team, remain committed to achieving the Company's full potential," concluded Boutwell.
... So, the 1Q is past history.
thanks for the word up on big don on rb, wierd poster with
wierd motives
Golf, any chance of there being an approx 3 mil share short postition on this?
HMMMM
golf. just out of curiosity, why are we talking about
1Q financials? btw, IRAE .73 on the bid, thats great for
FLCR
FLCR owns 200k of IRAE
and golf, how was the movie?
golf, your post still says 2Q in the fifth paragraph
golfman, you mention their 2q revenues,
they are not released yet, what are you basing this on?
thought info on 2q revenues aren't due out till aug 15th
golfman, have you heard any updates on ENC's
May and June activities?
flcr owns 200k of irae, irae up .14 eom
why meil, mm's playing games again, lowering the bid and
raising the ask
.105/.12
333k vol
mm's shorting? most trades at the bid, yet they raise the
ask
tgif
thinking
if mgmt puts out news one of these weeks, and its good, then
pps will go up rather quick, JMHO
guessing 150k of buying pressure should get us to 200dma
ceo stated in last pr some things are taking longer than
expected, or something like that
wish they'd put out guidance
wantoberich
we need some news and some buying pressure
fiddles, meant vittles, or however you spell it, eom
what's for breakfast t/m, fiddles are good, eom
tightly held stock or what? wow, eom
yep, you did it eom
g/m wantoberich
g/m wantoberich
awesome job on FLCR dd page, golfman, eom
golfman, you are on the 1st google page for flcr eom
Jim, put FLCR back on your list, let's track it
FLCR, mover last week, let's see this week:
Yes, it all makes sense, that's why it's on the IRS
website because it's approved. It's HOT!
Currently I have BCBS, maybe call FLCR and switch. I like the
idea of my money rolling into the next year. WHY NOT?
Oh, what a relief!
Sunday, June 20, 2004
By Kathleen Longcore and Matt Vandebunte
The Grand Rapids Press
Lots of employers complain about the spiraling cost of health insurance for their employees. Ken Wierenga, owner of West Michigan Piano, did something about it.
Wierenga ditched his company's old health insurance plan and switched his employees to health savings accounts, part of a wave of consumer-driven models that are changing the face of health coverage.
Under the old model, 10 or 15 percent of the people in a health plan spend 90 percent of the dollars. That means everyone paying into a plan is subsidizing those few. And there is no discount for healthy behavior.
Under the new model, his company will save money, and employees will have more control over their health care.
They also will be more conscious of what medical tests and treatments cost because they will be paying for them with money from their own health savings accounts.
The HSA is a tax-deductible savings account earmarked for medical expenses.
It became available Jan. 1 and already is attracting interest from businesses, said Colin Saxton, president of West Michigan Business Group, Inc., a local health insurance agency.
HSAs combine an employee savings account for medical expenses and a comprehensive major-medical plan -- one that pays for the big expenses such as hospitalizations and surgeries.
It is a high deductible plan, which means full coverage doesn't kick in until an individual or a family pays for a set amount of medical costs each year.
The employee, in partnership with an employer, puts money into the account to cover the deductible. There are caps on how much can be deposited per year: $2,600 for singles and $5,150 for families.
Wierenga, 54, said he could not wait any longer for relief.
"Something went crazy in the health-care system. Twelve years ago, the premium for a family plan was $194 a month. Last year, it was $1,100 a month, with half the coverage," Wierenga said.
He could not keep paying double-digit increases in insurance premiums, and several years ago he asked his three employees to start absorbing the increases. So they wanted something cheaper, too.
The new HSA plan went into effect at West Michigan Piano on May 1, so no one knows yet how it will compare with their traditional Blue Cross Blue Shield plan.
However, Wierenga expects to see the company's insurance costs drop by about 40 percent.
"It will give us cost savings. But even more important is that it gets people to be more in control of their health," he said.
Receptive audience
Health savings accounts are the wave of the future, said Saxton. His company already is handling about 800 medical savings accounts, and he predicts they will quickly be replaced by this new model.
"The (HSA) philosophy is going to go big. There's 100 times more interest in HSA's than there was in (medical savings accounts)," Saxton said.
Health Care News reported this month the accounts could become the "dominant form of health-care financing in the next five to 10 years." It also said "analysts project more than 40 million accounts will be established over the next decade."
Corporate interest was evident this spring when about 200 Grand Rapids area business leaders attended a discussion of alternative health coverage hosted by Advantage Benefits Group.
Bob Hughes, president and owner of Advantage Benefits, said at the sessions that affordable $10 co-pays have made it easy for consumers to use expensive services without worrying about the costs.
In fact, higher use of expensive tests and procedures is responsible for 75 percent of the increase in health-care costs, said Paul Brand, president of RealHealth, an alliance of 80 West Michigan employers.
U.S. Rep. Peter Hoekstra, R- Holland, believes HSAs will bring costs down and might be "the last stand against going to national health care," he said.
The current system has "no consumer accountability," with people "ignorant about the health-care costs" they rack up, Hoekstra said.
"It is one of the most compelling issues in Washington today. Many of us believe we are at the crossroads. We need to make a choice (between a consumer-driven system or national health care).
"The more folks we can drive into HSAs, the less strain there will be on the health-care system," he said.
The new HSA is unexplored territory. But initial response shows a growing interest, said Carroll Jenson, director of product development at Fortis Benefits in Grand Rapids.
Before this year, about 25 percent of total business at Fortis came from consumer-driven plans such as the HRA and MSA.
In January, that figure jumped to 40 percent, Jensen said.
Not everyone is cheering for HSAs.
A health plan that rewards people for avoiding medical help worries Kim Horn, president and chief economic officer of Priority Health, a regional insurer that provides coverage to more than 400,000 West Michigan residents in a 32-county area.
Horn agrees the industry practice that has people "carry around a credit card and use (it) without any idea of what we're spending" has to change.
But the savings accounts could present a new set of problems, she said.
One challenge may be informing consumers about the cost of medical care. Another is that people on their own may not have the discounts negotiated by large insurers and HMOs, she said, and may end up paying full retail price.
Horn said, "For the most part, we are passive participants or uninformed demanders," in the world of health care, and only price lists for consumers will change that.
But there is no infrastructure in place to tell them about costs.
Health-savings accounts are here to stay, Brand said, because they will bend a trend that was breaking West Michigan's entrepreneurial spirit.
"When you look at the strength of this community -- the Meijers, the Gordon Foods, the Haworths --- you're looking at people who started their dream business out of their garage," Brand said. "But people who do this now are already $12,000 in the hole for their health insurance."
That is the average yearly premium a small business owner pays for family coverage under a traditional plan, he said.
And those costs have been rising at 15 to 20 percent a year.
The annual increases caught up with Donald and Dottie Dodgson, who employ their 22-year-old son, Ryan, in their family business, Complete Flooring &Interiors.
They just started health savings accounts for the three of them.
"We had a high deductible plan before that didn't cover much," said Donald Dodgson, 48. "But we think this is a win-win. It's tax-deductible, and you can let (the account) build up."
Brand said HSAs will catch on because they give employers and employees "a pocketbook reason to be wiser consumers of health care," he said.
"People are spending their own money. It's an incentive to get off the couch and get healthy," Brand said.
At the same time, employees who are chronically or acutely ill are not harmed under these plans, Brand said.
HSAs differ in important ways from health reimbursement accounts -- HRAs -- and flexible spending accounts -- FSAs.
HRAs belong to the company, but health savings accounts belong to the individual.
Money left in flexible spending accounts at the end of the year goes back to the employer.
But money left in health savings accounts rolls over and keeps earning interest for the individual.
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