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Company name:
Computer Programs & Systems Inc. (CPSI) 31.35. CPSI
designs, markets and supports information systems for hospitals in US. With
600 hospitals in 46 states, CPSI has a strong customer base to insure further
growth at 15% per annum
rate. At technical support with a first leg move to 35 and midterm run
to 40. Limited downside risk.
Company name: Spherix
Inc. (SPEX) 1.55 [10:25am] In the healthcare
sector with a potential crown jewel known as Naturlose,
currently in Phase III clinical trail as a treatment for
type 2 diabetes. The European Union had already approved
the company's low calorie sweeter as a "novel food ingredient." The
problem to date is finding a broad market for the product.
The current Phase III program will improve the commercial
worth of Naturlose, especially with 18.9 million people in
US and 180 million people worldwide have the disease. Management
has controlled costs to conserve cash and seeking a partner
to launch Naturlose. Clearly a speculation, SPEX has an excellent
probability to work higher. BUY at current levels for a move
to 3-3.25 in the near term.
Ticker |
Last
Trade |
Direction |
Entrance
Point |
Exit
Point |
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CPSI
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October
10, 2006 - 7:30 am |
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31.35
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