Wednesday, 7 February 2007

Market Insight - LMS

LMS traded on above average volumes in January with 521,928 shares exchanging hands, which represents a 26% increase above the average monthly trading volumes for 2006, and more than double the number of shares traded in the month of January 2006. The stock traded mainly in the $1.25 range, reaching as high as $1.60 and as low as $1.15. Without doubt, the market is waiting for the full launch of McKesson’s system AND evidence that LMS is gaining traction with growing revenues and backlog orders.