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Biotech / Medical : Oxford Health Plan (OXHP)
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To: Naggrachi who wrote (731)1/8/1998 4:59:00 PM
From: men mailman   of 2068
 
If MDM is worth $10 a share OXHP is worth at least $30.

MDM has 1.2 bil. in debt. and has 191 mil shares, wheras OXHP has no debt with only 79 mil shares.

With all the hmos and health insurers coming out with disappoining earnings and write-downs, ALL of them will have to RAISE rates (to be in business for a profit) and the government will have to approve them if this nation wants to have health coverage.

If so, then we probably saw the bottom and a profit can be made in these shares at these levels.

To those doctors who are complaining how would you like national coverage with the gov't setting your price and also paying you.
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