Wednesday, December 07, 2005

MDRX and AmerisourceBergen

What's nicer than a fortune 500 company cutting a deal with a smallcap company you have a vested interest in? Well as Cramer would put it "It's better than a sharp stick in the eye".

Allscripts has seen a nice jump today thanks to an announcement of an alliance to help provide the next level in electronic health records. Thanks to such initiatives as the Medicare Modernization Act (MMA), and just the plain fact that having a large paper trail is becoming more costly in terms on man hours and materials and accuracy, there's a big push to move to a secure electronic way of keeping track of and taking care of patients.

I stand by my call of buying below $14.40, I picked up another 45 shares 13.98 recently for the hell of it.

I am not responsible for your trade decisions made or not made because of my opinion shared here. You should always do your own research before buying/selling a stock.


At 8:09 PM, Blogger Salbert said...

AmerisourceBergen, say that 10 times fast....


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