* In addition, there are more reasons to suspect that something may be right around the corner, which were outlined in a previous commentary titled Authentidate: Big Bet On A Small Company.
There is no doubt speculation going on, but we should remember that management bought 990,000 shares themselves last year.
We also have a healthcare bill being passed that has provisions penalizing those who don't implement the electronic medical records and other digital solutions offered by companies such as Allscripts (MDRX) and Cerner (CERN).
The government wants to ensure that once patients leave the hospital, they are well taken care of and don't need to be readmitted, because that is a very large cost involved in healthcare.With over $19 billion being allocated for health information technology, Authentidate is one of the many companies set to benefit. Disclosure: Gupta was long ADAT at the time of publication.
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