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   Biotech / MedicalMcKesson HBOC (MCK)


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To: J L Segal who wrote (148)1/11/2000 11:29:00 AM
From: epicure
   of 165
 
OOOH- I wasn't expecting one, but I'll be mighty happy if we get one.

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To: epicure who wrote (149)1/31/2000 5:52:00 PM
From: Mort
   of 165
 
McKessonHBOC Completes Acquisition of Prospective Health, Inc., Leading Healthcare Software Developer
Monday, January 31, 2000 08:10 AM
PALOS HEIGHTS, Ill.--(BUSINESS WIRE)--Jan. 31, 2000--McKesson HBOC, Inc. (McKessonHBOC) (NYSE:MCK, news, msgs), the world's leading supply management and healthcare information technology company, announced today that is has completed its acquisition of Palos Heights, Illinois-based Prospective Health, Inc., a privately held developer of integrated software solutions for the healthcare industry. Financial terms of the full acquisition were not disclosed.
The company made an initial investment in the company in 1995 when PHI was selected to provide software for McKessonHBOC's OmniLink(R) pre- and post-adjudication system for third-party prescriptions.

PHI will operate as a separate company under the direction of Tom George, President of McKessonHBOC's Customer Technology Group. Michael Gremillion and David D'Altorio continue to serve as PHI's Executive Vice President and General Manager, and Senior Vice President of Sales and Marketing respectively.

"Over the past four years, as OmniLink expanded to include a wide range of independent and chain pharmacies we recognized the strategic value of PHI to our Supply Management Business," commented Tom George. "PHI provides healthcare management software to customers in a wide range of benefits management areas including vision, dental and prescription medications, as well as communications networks and data warehousing. With existing software products and a solid customer base in these industry segments, PHI is expected to be a key player in the emerging e-health initiative," he added, "and we took the necessary steps to make PHI and integral part of McKessonHBOC."

McKessonHBOC, Inc., a Fortune 100 corporation, provides pharmaceutical supply management and healthcare information technologies across the entire continuum of healthcare, including market-leading businesses in pharmaceutical and medical surgical distribution, information technology for health care providers, services for payors and outsourcing. McKessonHBOC is located at One Post Street, San Francisco, California, 94104. More information about McKessonHBOC is available at mckhboc.com.

Based near Chicago in Palos Heights, IL, PHI has nearly 50 employees in its offices in Palos Heights, Scottsdale, Arizona and Kansas City, Kansas, and has sales teams in Irvine and San Diego, California. Prospective Health is a leading software development company that designs, develops, consults, and installs software solutions for the healthcare industry. Designed to meet the demanding requirements of online, real-time transaction processing and relational database management, PHI systems, ProPBM(TM), ProINTERCEPT(TM), ProHEALTHi(TM) and ProDENTAL, provide centralized claim editing, adjudication and data control related to pharmacy, medical and dental transactions, and are available to the marketplace in a license or service bureau arrangement. More information about Prospective Health, Inc. is available at prospective-health.com.


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To: Mort who wrote (150)2/1/2000 8:29:00 AM
From: Wally Mastroly
   of 165
 
Some MCK headlines this morning (Edit adds the article):

07:52 [MCK] MCKESSON HBOC SAYS ARROW CONTRACT WORTH $1 BILLION IN REVENUE

07:52 [MCK] MCKESSON HBOC EXTENDS PHARMACEUTICAL SUPPLY AGREEMENT WITH ARROW

biz.yahoo.com

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To: Wally Mastroly who wrote (151)2/22/2000 10:40:00 AM
From: Mort
   of 165
 
Somebody has faith in MCK

February 16, 2000 07:02 PM
WASHINGTON, Feb 16 (Reuters) - David Geffen, one of the three leaders at Hollywood film studio DreamWorks, said on Wednesday he acquired a stake currently worth more than $278 million in McKesson HBOC Inc.MCK , the largest U.S. drug distributor.

Geffen, who heads DreamWorks with Hollywood heavyweights Steven Spielberg and Jeffrey Katzenberg, acquired 5 percent, or 14,087,700 common shares, for general investment purposes, according to a filing with the U.S. Securities and Exchange Commission.

Using his personal funds, Geffen bought shares of San Francisco-based McKesson between Dec. 13 and Feb. 11 at prices ranging from $18.8750-$22.6250 a share.

The largest one-day purchase during that period were 1 million shares on Jan. 25 for $22.50 each, and an additional 1 million shares bought two days later at $20.9375 each.

Geffen disclosed his stake in the company because of SEC rules that say anyone holding a stake of 5 percent or more in a company must publicly report their holdings.


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To: Mort who wrote (152)3/28/2000 10:51:00 PM
From: epicure
   of 165
 
up on 4x volume and nobody comments? WOW- did everyone sell? Am I all alone?

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To: epicure who wrote (153)3/28/2000 11:43:00 PM
From: dogemup
   of 165
 
Long MCK-I'm here.
I noticed the move and the volume. I'm long MCK since the big drop. Been buying in the 20's and high teens. I'm under water over 20% in one account, and up about 5% in another account. Don't have any good insight about the recent action. I think this is a value play and money is rotating into these kinds of stocks. Hoping the uptrend will continue.

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To: dogemup who wrote (154)3/28/2000 11:59:00 PM
From: epicure
   of 165
 
Nice to know you are out there. I was lonely.

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To: epicure who wrote (155)4/19/2000 12:44:00 AM
From: Phil Placier
   of 165
 
Any thoughts regarding when, if ever, this stock will increase about the 20 +/- level?

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To: Phil Placier who wrote (156)4/19/2000 9:34:00 AM
From: epicure
   of 165
 
LEt me get out my psychic hat.....

From the chart, I'd guess soon. But I've been thinking that for a while, and I've been wrong.

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To: epicure who wrote (157)9/26/2000 10:31:31 AM
From: Kat
   of 165
 
Looks like we are all finally right on this one. I predict a run toward 50. Getting alot of attention !

Kat

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