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Biotech / Medical : Oxford Health Plan (OXHP)

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To: Gene J. Abel who wrote (510)12/11/1997 11:25:00 PM
From: Andreas  Read Replies (5) of 2068
 
Gene,

Yes, I have a lot better things that I'd rather be doing. However, the conduct of OXHP's management, as evidenced by the negligent or intentional withholding of material information and the negligent operation of day to day operations, resulting in the loss of tens, if not hundreds of millions of dollars to average American citizens is an outrage. I don't need to conjure up schemes! The only scheme here is that perpetrated by a bunch money grubbing, negligent, incompetent and over-their-head wanna-be big corporate America managers. Rest assured that my so-called schemes are being implemented as we speak. These so-called schemes are only necessary because we have been lied to. And if you honestly think for a minute that I am in a minority then just wait and see. The numerous and continually increasing number of lawsuits is testimony to the fact that many OXHP investors feel as I do. I don't like being lied to and I don't like people stealing from me. And when someone does I get even!! And believe me I will get even come hell or high water. And as discovery in this matter continues I will use every spare minute I have to get to the truth. And let the chips fall where the may. Too many people got burned for one reason and one reason only - they were lied to. This Oxford is a joke. It is in my opinion no different than the numerous other fiascos that have resulted in the loss of millions and upon millions of investor dollars. And remember this, there are a lot of plaintiff's lawyers out there representing OXHP shareholders that will do everything in their power to expose what appears to be blatantly negligent, and in some instances, intentional misconduct of OXHP's management. Wait until Wiggins is being deposed and grilled day after day and asked to explain his conduct in terms of understanding the day to day operations. OXHP will not survive the onslaught of litigation. It is too great and growing each day. There is no insurance to cover fraud and fraud has been alleged folks - wake up. The potential liability of the class action lawsuits will tank this company. This company is going down. Whether you want to believe it or not. It has happened many times before I have witnessed it personally and this is just another example. Case in point - Bre-X mines. Literally billions lost, suicides or murder involved, (top metallurgical engineer mysteriously falls out of helicopter); lawsuits galore and guess what - investors lost every single penny. Not 20%, not 30%, not 50%, not 80% but every damn penny! 100% gone. Some shareholders of OXHP have already lost 80%!!

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