Ladies and Gents… look at MDRX

Start to take a serious look at MDRX. They reported inline results (but after upping the estimates at a conf. a few weeks ago). The were/are trading at a premium, so for an inline report this decline is merited.

Right now the multiples look OK. A PEG of just above 1 and estimates look good, but I do not think these estimates factor in Taxes. I see 2007 around 0.77 w/ taxes, so the actual PEG is higher. But like anyother leader in its field, MDRX deserves its premium. It proves time and again to deliver strong growth.

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