indeed I am... have been accumulating here and there. My company uses their software.
Sales are growing, the technology is great. They have done a lot of R & D last few years thanks to the SA Health $5million payout a while back. I am not optimistic about all of their R & D ideas , but the demand for their core products such as Mastercare and Referalnet is growing, they have developed interoperability for secure messaging with other providers and now are developing interoperability between the Federal My Health Record and Mastercare patient records. Things like that are important for sales growth.
It all looks good, upside in these type of IT stocks is huge. Once they deliver a profit the stock could move quickly and go to $1+ if they can grow revenue to $8million next couple of years . That's based on a 10 to 15% net margin and IT growth pe of say 30
one for the bottom drawer ... give it another couple of years to mature. As I said before, decent international sales would light the booster rockets, but I am not counting on it, a bonus if it happens.
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