$19 billion in stimulus for medical record digitilization - MDRX could be a good play, thoughts?

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readytoretire answered a question in Healthcare & Biotech.
2222 points

readytoretire answered 9 months ago …

I am leary of them. As they completed a reverse merger in Oct., the numbers are hard to pin down. A look at Yahoo finance shows them with a P/E of 61. Not anywhere near what I am interested in. That said, the stock has moved up some the past few days. And they have the prepackaged prescription portion of their business up for sale. If they get a good price it would go a ways to reduce the big debt load that they now have. Good idea, but not sure that they can deliver anything to your bank account.

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