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Biotech / Medical : Oxford Health Plan (OXHP)

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To: Tully who wrote (584)12/16/1997 11:11:00 AM
From: Naggrachi   of 2068
 
<<Just like COL, OXHP will start to rebound as the negative reporting stops. CNBC should be embrassed. They have gone from a helpful show to a joke. I'm not talking just about their reporting of OXHP troubles I'm talking about the show in general. Cut the chit-chat and report the facts.>>

This is my point exactly. Yesterday when I said that CNBC had a special series about HMO's, after seeing the soundbite, tabloid journalism was the first thing that poped in my head. Somber music, newpaper headlines about the OXHP selloff, HMO consumers looking somber with a tear in their eye (almost), "doctors hate HMO's", "HMO's only goal is to cut cost", "consumer want to go to the doctor of their choice" and on and on...Another black eye for the HMO's and OXHP.

I guess what's worst than losing $5 billion in market cap is taking crap from people who you could care less about their existance, calling themselves journalist.

These guys are owned by a network and have a network mentality. Being helpful is not their top priority, ratings is. Hence, the glitz and glamour over substance, whatever attracts the greatest amount of people.

Zead
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