Trigon Healthcare (TGH) Message Board

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Biotech / Medical : Trigon Healthcare (TGH)

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To: Home-Run who wrote (7)	10/9/1997 8:20:00 PM
From: David B. Higgs	of 35

Dennis As stated in a prior post, I don't have a great deal of financial accounting knowledge so be careful with this. I looked at both AET and CI, both of which are large multi-line (financial services, casualty, ect.) companies where some lines may not require the level of reserves required of a health only company like Trigon. AET and CI have a cash to sales ratio of 1 to 11 whereas Trigon has a ratio of 1 to 1 1/2. A company you may want to use for comparsion purposes to Trigon is Wellpoint Healthcare (WLP). Wellpoint, like Trigon is a Blue Cross Blue Shield Plan (California) that went public in the last few years. At this point, they to are centered on health care/managed care/HMO products. Their "cash to sales" ratio is 1 to 2. Again, I don't know if any of this means anything, so take it for what it is worth. Regards Dave

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