Oxford Health Plan (OXHP) Message Board

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Biotech / Medical : Oxford Health Plan (OXHP)

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To: LoLoLoLita who wrote (279)	12/5/1997 6:55:00 AM
From: Steven Zimmer	Read Replies (2) of 2068

Dear David The fund I run owns OXHP, most of which was bought after the 63% drop. I do not know about any takeover story (although this is always a possibility!) but I believe that Stephen Wiggins and his crew will figure out a way out of this morass. The real reason why I bought the stock is that the underlying growth characteristics of the New York market are such that OXHP is hard to get around. The franchise is there but I doubt that anyone will step up to the plate until the dust has settled and the liabilities (lawsuits and investigations) attain a greater degree of visibility. In the meantime, the stock is likely to languish unless it regains new speculative strength post tax selling perios Greetings Steven

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