Oxford Health Plan (OXHP) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Oxford Health Plan (OXHP)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gene J. Abel who wrote (462)	12/10/1997 10:53:00 AM
From: Michael Burry	Read Replies (1) of 2068

The key is not to say "they have no debt" because LT debt is nil. If their reserves (read "accounts payable") are indeed $1 billion, then that can be considered debt due over the next 6 months that meets or exceeds their liquid assets in AR and cash. This becomes a regulatory issue, not purely an issue of business economics. The stock may do very well, but I am stepping aside to regain an unbiased view in light of this "disclosure" by the WSJ, which may very well be a typo. My portfolio doesn't depend on one stock, and I've found that when things get too complicated, a timeout is worth the transaction costs. In fact, I'd pin any succes I've had on it. Good Investing, Mike

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next