Sharing Knowledge in Smallcaps

[timhyma]

Bought this one. I'm thinking a possible double- Tim

MED
e-MedSoft.com is a diversified, healthcare solutions company that uses the Internet and Internet technologies in combination with a range of traditional management services to automate or outsource the daily workflow processes of and the exchange of information among physicians, payors, suppliers, providers, and patients. The Company focuses on two core business segments involving three main product lines. Its Internet segment is comprised of Distance Medicine and Medical e-business products, and its Pharmacy segment is comprised of pharmacy management and distribution services.

For the six months ended 9/01, revenues rose 21% to $52.7 million. Net loss from continuing operations rose from $23.9 million to $84.5 million. Results reflect the acquisition of Cartwell, offset by higher non-cash compensation costs and a $11.6 million impairment charge.

Recent Price $1.60
Book Value (mrq) -$0.50
Total Cash (mrq) $3.33M
Shares Outstanding 83.2M Float 34.1M
Shares Short 2.88M Percent of Float 8.4%
Insider and 5%+ Owners: 59%
41 institutions
Net Inst. Buying: 20.3M shares


TARGET 1 Price: 2.83 Profit: 76.9%
POTENTIAL Excellent
Stop Limit/Trailing Stop Limit: 1.05
TARGET 2 Price: 3.3

Downside trading
TARGET 1 Price: N/A
POTENTIAL Poor

Composite Indicator TrendSpotter (TM) Buy
http://quotes.barchart.com/texpert.asp?sym=med&Submit=Enter&code=BSTCZ

Support Price (5day): $1.270 Support Price (20day): $1.160 Support Price (50day): $1.020 Support Price (100day): $1.020

Resistance Price (5day): $1.600 Resistance Price (20day): $1.600 Resistance Price (50day): $1.600 Resistance Price (100day): $4.440