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Biotech / Medical : OXHP: a premier value healthcare stock, check Value Line!

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To: FISHERMAN who wrote (25)10/31/1997 1:51:00 PM
From: Chuzzlewit  Read Replies (2) of 29
 
Good morning Tim. The only stock I exited too early was PAIR, but I'm looking at it closely and will probably be back in soon. OXHP is frightening because they really don't have a handle on their expenses. I also noted that when they reported earnings last quarter the price of the stock fell like a stone. Apparently a number of insiders dumped their shares -- perhaps because they were finding out how bad things really were. If I were you I wouldn't mess with this stock. I think that there will need to be hefty premium increases to get Oxford back on track. There's an editorial in today's NY Times discussing Oxford's woes - I suggest you read it. The major problem is that there just isn't enough information concerning the company's fundamentals.

Regards, and best of luck

Paul
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