QuadraMed Corp (QDHC)

[vantillian]

An area of concern IMO...A share buyback was recently announced: http://phx.corporate-ir.net/phoenix.zhtml?c=81676&p=irol-newsArticle&ID=1087801&highlight=

The PR states: "The Company plans to use the repurchased shares for any purpose that its Board of Directors determines to be advisable in accordance with applicable law."

Please note...this is not a buyback to RETIRE shares...this is a buyback to do whatever they deem best. And what is it they deem best? Perhaps the inside trading of the most prominent company officer can give us a clue:

Nov 23, 2007 KLEIN JAMES R
Officer direct Sell 2.1100 19,800
Nov 21, 2007 KLEIN JAMES R
Officer direct Sell 2.1500 200
Aug 17, 2007 KLEIN JAMES R
Officer direct Sell 2.4800 15,000
Aug 14, 2007 KLEIN JAMES R
Officer direct Sell 2.5000 35,000

In an effort to prevent shareholders from losing money, I must say that I think the PPS is gonna go DOWN before it goes back up again. Thanks just MHO. DYODD!!!