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Biotech / Medical : Oxford Health Plan (OXHP)

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To: Thomas Haegin who wrote (313)12/4/1997 10:55:00 PM
From: wolfdog2  Read Replies (1) of 2068
 
Thomas, I do work in the health field. However, I no longer am an OXPH shareholder. With Wiggins's no show today, I think that the uncertainties surrounding this company have increased to an unacceptable level

Also I went shopping for health insurance today and got a quote from an Oxford agent. The quote was very reasonable. Several thousand dollars cheaper than my present plan. Which raises a question for me. Is OXHP going after market share at the expense of profits? This may be the case and may be the way to go in order to build market share, but in the short run, if true, it could take Wall Street by surprise.

Anyhow, I decided to take my loss and stand aside for the time being. I fear that there maybe a better buying opportunity ahead. On the other hand, I may have sold just as the stock was making its yearly low. No, I didn't sell at the low, but I did sell when it made a new low.
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