LANV $3.8..FANTASTIC ENTRY POINT..STRONG 3Q COMING UP
MMs are looking for stop losses and found a couple today on low volume. This gives a great entry opportunity to the savvy investor. LANV will report record 3Q earnings report any day now.
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. MMs have been loading up recently for the inevitable earnings rally. LANV usually gains over 50% when strong earnings are announced.
3Q 2005 will be particularly strong because of the many contracts won by LANV recently. 3Q 2005 will pulverize 3Q2004 numbers.
During the CC announcing a strong 2Q, LANV's CEO mentioned that 3Q and 4Q 2005 revenues will approach or exceed $5M/quarter. With the current cost structure this will yield about 6c/share net income.
Compare the $5M expected 3Q revenue with the $2.6M reported in 3Q 2004. The 6c/share expected in 3Q 2005 will beat the 4c/share loss reported in 3Q 2004 by a mile.
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. LANV has almost $5 in cash and its LT debt amounts to aboy $40M/month
Institutional investors Oberweiss recently purchased 300,000 shares and paid almost $5 for their shares.
MORE ON LANV:
LANV is a healthcare information technology company focused on digitally streamlining healthcare by providing solutions that improve information flows to optimize costs and reduce patient-related errors . The Company's workflow and document management solutions bridge the gap between current, inefficient paper-based processes and transaction-based healthcare information systems by 1) electronically capturing document-centric information from disparate sources, 2) electronically directing that information through vital business processes, and 3) providing access to the information for authenticated users (such as physicians, nurses, administrative and financial personnel and payers) across the continuum of care.
LANV provides ASPeN, ASP-based remote hosting services to The University Hospital, a member of The Health Alliance of Greater Cincinnati, M. D. Anderson Cancer Center and Children's Medical Center of Columbus, Ohio among others. In addition, LanVision has installed its workflow and document management solutions at leading healthcare providers including Stanford Hospital and Clinics, the Albert Einstein Healthcare Network, Parkview Health System, ProMedica Health System, Inc., the University of Pittsburgh Medical Center, Medical University Hospital Authority of South Carolina, and Memorial Sloan-Kettering Cancer Center.
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