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Biotech / Medical : Oxford Health Plan (OXHP)

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To: Gene J. Abel who wrote (510)12/11/1997 5:50:00 PM
From: Thomas Haegin   of 2068
 
Re: Conjuring schemes

Gene,

I see and respect the point you are making. I respect that you have ethical concerns. But I think I am in disagreement: To find out whether OXHP send out reminders in time is IMO a valid test of their backoffice efficiency and capacity.

I personally would place high value in this information. This was one of the things that got OXHP knocked down in the first place.

What's the harm of it? Many people do not pay their bills on time, most just forget, others may have a liquidity crunch, still others have an interest in finding out about OXHP backoffice.

Andreas idea is cynical and even mean, but quite witty in my mind and difficult to pull off convincingly, I'd say. While I at this point do not openly advocate to do it, if I was connected to that Mr. Smith at Smith & Smith Attorneys-at-Law, I'd be selling the very next minute!

I do have an interest that OXHP prospers again. If one would get positive outcomes of the above tests, all the better for Longs. If not, all the worst.

While my loss is painful as every loss, it is not as bad as probably quite many other Longs. I'm long from around $25, buying in the days after the first plunge. I was thinking of buying more at $18, but now I am in wait-and-see mode. Management has zero credibility with me now.

Hope we still can talk to each other,
Thomas
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