Its also a prowler pick which may be heading it upwards
Todays News:
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Press Release Source: Ramp Corporation
HealthRamp and palmOne to Host Electronic Prescribing Solutions Webinar on June 9, 2004 Thursday June 3, 12:16 pm ET Webinar to Address Latest Advances in Point-of-Care Technology
WHAT: palmOne and HealthRamp to present a webinar focused on emerging technologies for point-of-care automation.
WHO: Marty Provo, Sales Manager for Healthcare for palmOne, and Louis Hyman, Chief Technology Officer and Executive Vice President, Operations for HealthRamp, Inc., will provide a demonstration of the CarePoint electronic prescribing solution on palmOne devices and offer insights into key implementation considerations
WHEN: June 9, 2004, 2:00 PM EDT
* HealthRamp will also summarize results from its recent survey of the electronic prescribing market.
* For audio, dial 800-811-2508 (domestic) or 706-634-6084 (international)
The webinar probes how physicians and pharmacies save money and time, along with other benefits that ePrescribing offers. Learn about HealthRamp CarePoint's approach to addressing safety and cost issues in a medical practice.
Find out what clinical tools HealthRamp CarePoint equips the medical professional with to increase practice efficiency and elevate the level of patient safety at the point of care.
Ramp Corporation (Amex: RCO - News), through its wholly owned HealthRamp subsidiary, markets the Caregiver(TM) and CarePoint(TM) technology suites. CarePoint enables electronic prescribing, lab orders and results, Internet- based communication, data integration, and transaction processing over a handheld device or browser, at the point-of-care. CareGiver allows long term care facility staff to easily place orders for drugs, treatments and supplies from a wireless handheld PDA or desktop Internet web browser. HealthRamp's products enable communication of high value-added healthcare information among physician offices, pharmacies, hospitals, pharmacy benefit managers, health management organizations, pharmaceutical companies and health insurance companies. Ramp's OnRamp division provides a state of the art telecommunications center that enables 24/7 communication between a medical
STATS: Market Cap (intraday): 40.89M Shares Outstanding: 170.39M Float: 156.70M % Held by Insiders: 8.03% % Held by Institutions: 1.18%
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All we have to do is hope that the volume stays on the upside of the average. Once it breaks the .25 barrier, we're in for smooth sailing.
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This is why the volume is picking up, options for preffered shares being offered to share holders of record June 4th 2004.
I am still sifting through all this stuff. I leave the quote and link.
Description of Securities To Be Registered .
On May 25, 2004, the Board of Directors of Ramp Corporation, a Delaware corporation (the “Company”), approved the issuance of one preferred share purchase right (a “Right”) for each outstanding common share, par value $.001 per share (the “Common Shares”), of the Company. Shareholders of record on June 4, 2004 (the “Record Date”) will receive the Rights. Each Right entitles the registered holder, upon the occurrence of certain events, to purchase from the Company one one-hundredth (1/100) of a share of Series B Participating Preferred Stock, par value $1.00 per share (the “Preferred Shares”), of the Company at a price of $40.00 per one one-hundredth (1/100) of a Preferred Share, subject to adjustment under certain circumstances (the “Purchase Price”). The description and terms of the Rights are set forth in a Rights Agreement (the “Rights Agreement”), dated as of May 27, 2004, between the Company and Computershare Trust Company, Inc., a Colorado trust company, as Rights Agent (the “Rights Agent”).
-on the preferred shares I posted earlier, I'm still not sure what they represent, but, I'll take free anything. You have 10 years to use them who knows what'll happen in ten years I'm assuming if you buy those shares they'll be worth something. Maybe sell the rights to them later??????
also for you chartists, besides looking like resistance will be broken soon, seems to be inverse head and shoulders forming.... I'm no chartist though!
[This message has been edited by keithsan (edited June 04, 2004).]
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Volume slowed down on Friday, is it the calm before the storm, definately has reversed it downward trend. support at .22 and resistance .25 kind of coiling in there.
still showing head and shoulders watching for this one to shoot up this week!
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Not that this has any true merit... but I can't help but notice what happens to this stock every 4 years... shoots up to around $8.00! 2004 would be the year... just an interesting observation.
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quote:Originally posted by keithsan: DonB, interesting thought, 4yr repeats... works for me. so does 8 bucks a share!!!!!
I'm assuming your still in, If GMoney is still in let me know.
I have heard of some trouble getting shares etc. from companies and if you held friday you are owed rights.
I will TRY (if not lazy) to contact Ameritrade and company to see how those rights get here.
Keith
keithsan ... I'm still in. Let me know if you contact Ameritrade. When this thing gets some steam I'm seeing a quick double. The 4 year $8.00 thing sounds nice too ... unlikely, but nice.
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I'm expecting a jump to around six dollars based on current charts. Based on the past, the move is relatively quick so stay awake and enjoy the ride.
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saw that, just checked to see if news is out, if they keep rolling in at .26 we will break resistance instead of having one of those damn wicks we got on Fri. LOOKS GOOD volume picking up!
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I'm expecting a jump to around six dollars based on current charts. Based on the past, the move is relatively quick so stay awake and enjoy the ride.
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Yes, just because it doesn't break out yesterday, today, or even tomorrow doesn't mean it isn't going to happen. When it comes, it's going to be big.
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