Oxford Health Plan (OXHP) Message Board

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Biotech / Medical : Oxford Health Plan (OXHP)

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To: men mailman who wrote (274)	11/26/1997 10:36:00 PM
From: men mailman	Read Replies (3) of 2068

It seemed today was the first day that some solid healthy good buying came in. It may be the start of a reversal trend. Investors are starting to calm down pick up the pieces and notice that oxhp is a soild company with great potential and is at a bargain basement price. It is my bet against all the shorts (btw the shorts ducked for cover and cover 1/3 of their shares) that the odds are in favor of the longs at this point. This stock's odds are that it will DOUBLE in price($45-50) in 12-18 months. While the downside may be $2-3 at the worst. Next week will be a turning point for oxhp. The company told me that all their resources and energy are allocated in the audit by KPG Peat Marwick to get it concluded by Dec 4th. Once completed and having this cloud behind them they can start again to refocus on business ...and are expected to take steps to further enhance shareholder value. Aside hiring a new cfo they will be looking at a stock buyback, and several other oppurtunities. I expect to see stock movement for the good or bad after Dec 4th.

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