I have been following MDRX for the past month and havent pulled the trigger. Is now still good to buy in ? Any opinions on how high this could go in the next 6 months ?
well I bought 500 shares.
I think MDRX is a good company with a good future. I am looking at this company since it was 8.75 and kept looking at it .. I think MDRX might be a buy out target . even if not . The dems always care aabout health care and technology ..
so we we will see lot's of upside from here on . just need time.
subsequent V11 upgrades are not going well. v11.1.5 broke a lot of things that were working so hardly anyone took this off their test server. v11.1.6. not sure what the major issue with this is but we are going to avoid this too, and wait on v11.1.7 this fall. my group is still using v11.1.4. we are scared to load any upgrade and allscripts support has been at best, disappointing, now that they have our "go live" licensing fees. many of our own doctors hate this software, and the support so much, it has thrown a big wrench in merger talks with other groups. hard to convince others to join your group, when your own docs are trashing their own emr. gt might just be getting started, but i am not sure he is getting many "glowing" references from tw users. perhaps the allscripts professional emr is doing better, but enterprise is still a real drag.
Astrindberg, in regards to point 3 & 4 you dont really know what you're talking about. The stimulus money wont hit the clinics till next year and your doc didnt pay 75k for just a PDA solution. The PDA service is a piece of a larger solution. Allscripts is a good company though.
I think $25 is woefully conservative. I'm looking at $45 then a buy-out at $60 minimum.
1. sustainability on organic growth from here on in; i.e known products---works, is accepted and being bought like hotdogs at half-time.
2. friday's massacre tremendous, last chance op. to get in cheap because
3. the Obama health stimulius(sp?) money does not hit the doctor 's offices or hospitals, or LTC facilities till next month where these facilities are mandated to upgrade their back office if they want the money and they all do to be competitive.
4. only 30% of medical anything's are automated---my internist with a widely known pulmonary specialty practice does everything with folders and draws---has 2 computers---and they're just for appointments. To his credit, my doc has his own PDA to check into certain patient records. This package alone will cost him 75K and don't forget the after-service. The $$ is virtually free .
no brainer----same goes with ECLP.
No.. This has a P/E of 88 and had a selloff friday with high volume (over 25 million). Today it had a sell off of .41 on less than 1.9 million. It may go to 25 someday, but I believe it will drop before it goes back up.