The Golden Lounge

[cagney]

Now reloading 3.7m floater LANV $2.81/$2.89 1-week earnings runup play. Former hedgefund plaything to $5 a few months back.

LANV's earnings date of 8/23/05 just announced today on their website(previously unreleased info):

http://www.lanvision.com

Sell zone set for 8-19, 1 hr. into open, and BEFORE the 8/23 earnings. Looking for $3.50 or better.

Looking for a carbon copy of hedgie's recent earnings runup then short intentions this week at similar low floater ELTK(and others):


http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=eltk&sid=0&o_symb=eltk&f...


People have seen the LANV website earnings release date info and now the runup has just started at LANV today:

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=lanv&sid=0&o_symb=lanv&f...


This is a very good repost of why LANV will
put out some good numbers and get some retail hype going:

"Streamline Health (formerly LanVision; Nasdaq: LANV) is a growing software company providing workflow and document management tools, applications and services primarily to the healthcare industry. LANV can make significant one-day moves since there are only 3.8M shares on the float. In late March, 2005 LANV gained over 70% upon the release of strong 4Q 2004 results. On August 23, I expect similar action after LANV releases its 2Q 2005 earnings results.

http://stockcharts.com/gallery/?lanv

The first and second quarters historically are the most challenging for LANV in terms of revenue/income for LANV. However, 2Q 2005 results will most likely beat 2Q 2004s numbers by a significant margin. I estimate that LANV will report a revenue increase of 30 to 50% for 2Q 2005 over 2Q 2004. I also expect that 2Q 2005 net income will approach double digits compared to a loss of 4c in 2Q 2004.

LANV has announced three significant agreements during the second quarter (May - July):

1) On June 2, 2005, LANV signed a significant new software license contract with Sarasota Memorial Hospital in Florida to deploy its Streamline Health software throughout the hospital's computer system. Regarding this contract, Mr. Brian Patsy, LANV CEO stated in 1Q 2005 earnings release ( May 23, 2005):

"We anticipate that we will exceed our first half operating plans, and we should be able to achieve, or potentially exceed, our 2005 operating plans (25% growth). In this regard, we also announced today that we were selected as the vendor of choice for a major installation of our Health Information Management, Patient Financial Services, Supply Chain Management and Human Resource workflows and document management solutions. This contract, if signed in the second quarter, should enable us to report significantly improved second quarter and first half results."

Elsewhere in the report, LANV provided more insight about this huge contract: " (LANV) was selected as the vendor of choice for an enterprise-wide license valued at almost $2 million and which we anticipate closing in the second quarter."

Here is the link:

http://biz.yahoo.com/prnews/050602/clth015.html?.v=13


2. On May 19, 2005, LANV announced that two of its existing remote application hosting customers have renewed their respective remote hosting services contracts for Streamline Health's comprehensive workflow and document management services. The two remote hosting contracts are valued at approximately $6.3 million in recurring subscription fees over the terms of the agreements (2 and 3 years).

http://biz.yahoo.com/prnews/050519/clth010.html?.v=12


3. On May 9, 2005, LANV announced that it had signed a new contract with Oregon Health & Science University (OHSU) for its Health Information Management and Patient Financial Services workflows and document management solutions. The contract calls for an unlimited use license for the large-scale deployment of Streamline Health's solutions throughout the OHSU enterprise. Terms of the deal were not disclosed.

LANVs has recently re-financed its LT debt from a very high interest rate to a 6% rate. This move has cut its quarterly interest payments 10-fold to about $40K/quarter. LANV is not expected to pay taxes for several quarters to come due to an accumulated loss carry-forward of over $20M. The company has made prudent increases in R&D and sales/marketing expenses to maintain technical leadership and fuel growth.

I expect that LANV will provide an upbeat outlook for the second half of 2005. LANV's revenues/income traditionally have been back loaded with over 60% of the yearly revenue coming in during the second half."