Hype vs How-To
At first glance, the earnings report from EMR vendor Allscripts seemed fairly impressive. The Chicago-based software vendor said its first quarter profit more than tripled, rising to $4.5 million. Revenue grew 54 percent to $65 million, compared to $42 million for the same period last year. And the company--one of the exhibitors at this week's TEPR show in Dallas--had cash and marketable securities of $90 million. Sounds good, right? Well, the stock market didn't think so.