IPO Watch: Epocrates
Healthcare IT company is going public after partnering with Apple
Posted May 14, 2008
Reader Comments
yeh, i agree
<i>
The analyst believes that the competition could eventually overwhelm ePocrates. "EPocrates is popular today," Garcia says. "If they will be successful 10 years down the road—I don't think so."
</i>
I second that. There are lot of richer alternatives to Epocrates even right now. Trying to defend the loyalty with just a free drug information database won't cut it. physician market is complex and fickle with so many specialties and such.
Looking at the red herring, the earnings of $25mil includes $21 mil from tax benefits (from losses in the prior years) - so the operating net is about $4mil. Am I missing something?
