* 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 - Get Report) and Cerner (CERN - Get Report).
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.