ERUG Is on the Move: Announces the Release of a Major Independent Analyst Report! August 22, 2006
Market Wire, August, 2006
Wall Street News Alert's "stocks to watch" this morning are: ER Urgent Care Centers (PINKSHEETS: ERUG), Abbott (NYSE: ABT), Elan Corporation (NYSE: ELN) and Boston Scientific Corporation (NYSE: BSX).
News of the Analyst report on ER Urgent Care Centers (PINKSHEETS: ERUG) may make the company a target of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company issued a press release announcing the release of a major independent analyst report by OTC Value Watch that places ERUG at Fifty-One cents a share.
Details of the report should get the attention of investors! "We are very proud of this detailed report that has analyzed all facets of our company," said Jerry Miller upon the release of the report. The report further details an intermediate term price of $0.51 with an emphasis on the fact that the company has zero debt, and an aggressive growth rate.
Continue to watch this company! Concerning the company's growth strategy, the report states that "Since the company's initial public offering in 2001, ER Urgent Care's management has successfully implemented a three-point strategy for growth: (1) continued development of high-margin Urgent Care Centers, (2) expansion into other promising markets, and (3) being providers to insurance companies. Already ERUG is a provider for Amerigroup, Avmed, Humana, Aetna, Hip/Vista Beacon, Medicaid/Medipass/Medi-Kids, Total Health Choice, United Health Care, Corvel, Health Insurance Plan and many more. At the current low price of $0.15 per share, we believe that ERUG possesses key characteristics that should command a premium in the small-cap sector. The company has pioneered what we believe is a unique business model focused on the medical field. This strategy has succeeded in the market segments in which the company competes. ER Urgent care has set up full service pharmacies in all its centers which allow them to become part of the PHD network. Because of these types of plans and because they have zero debt, we believe that management is developing a credible plan to improve operating efficiencies and drive organic revenue growth, and that these initiatives will become increasingly apparent in the future results. The bottom line is the company is filling a major void in healthcare with its accessibility and availability after hours, weekends and holidays for ER patients."
Wall Street News Alert is continuing to place Aggressive Investors on alert to monitor the progress of ER Urgent Care Centers! The report also concludes that "Unlike high-debt companies that have limited room to maneuver, a debt-free company's growth-rate reflects the unforced, natural expansion of the businesses. Debt-free companies have the full financial flexibility to respond to changing economic conditions. ERUG has this luxury and the ability to pursue growth opportunities both internally and through expansion, utilizing its strong financial condition and its ability to generate internal cash flow. If their business plan is followed successfully and their concept continues to be greeted favorably (and it should), we see a very positive effect on the company's bottom line." More details of the report may be found in the company's press release.
Prior to the latest press release, the stock closed yesterday at Fifteen cents a share.
For an in-depth profile of ER Urgent Care Centers, visit http://www.thenewssvc.com/ERUG082106.html
To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit www.WallStreetNewsAlert.com , where you may also sign up to receive free email alerts in advance of our press releases being issued.
In case you are not familiar with the company: ERUC Management Company Inc. operates ER Urgent Care Centers in the South Florida area. The "true, bona-fide" "Urgent Care Center" is a one-stop shop where patients can receive premier health care, after-hours, at a fraction of the cost of emergency room visits. With the "Urgent Care Center" model emergency rooms will no longer lose money on ER patients with minor injuries and illnesses, and the HMOs will no longer have to pay exorbitant claims for non-admitted patients. ER Urgent Care Centers create a win-win situation for everyone, filling the financial and service gap between primary care physicians (PCPs) and hospital emergency rooms.
For more information visit the company's Web site at www.erucc.net or sign up for the corporate newsletter at http://www.erucc.net .
Abbott (NYSE: ABT) down 0.6% on 4.3 million shares traded.
Abbott is a global, broad-based health care company devoted to the discovery, development, manufacture and marketing of pharmaceuticals and medical products, including nutritionals, devices and diagnostics.
Elan Corporation (NYSE: ELN) down 0.5% on 3.6 million shares traded.
Elan Corporation, plc is a neuroscience-based biotechnology company.
Boston Scientific Corporation (NYSE: BSX) up 0.6% on 3.4 million shares traded.
Boston Scientific is a developer, manufacturer and marketer of medical devices whose products are used in a broad range of interventional medical specialties.
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