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 (616)	12/18/1997 4:43:00 PM
From: Andreas	Read Replies (1) of 2068

Men mailman: I have read the posts on this thread stating that I am overly angry and negative. Grow up! For those of you who actually think that there is some life left in Oxford you're dreaming. Get a reality check. I will ultimately be shown to be right in this instance. So far everything I have said has come true regarding Oxford. And it is further obvious that many of you die-hard optimists can't read. Oxford does not have a handle on their costs and I don't feel like listening to a bunch of crap and excuses about actuaries being just a bunch of guessers. Common sense should have told you that past experience should be known to Oxford. It is not. The state of affairs over at Oxford is so disgusting that Wiggins and crew cannot tell anyone what their past medical expenses and experience have been! Period. It's a joke and a tragedy. For those of you who think otherwise it is painfully clear that you have not had the experience of dealing with management teams at large corporations who know exactly what is going on. I have dealt with and met on numerous occasions executives from the big three automotive companies who can, at the drop of a hat, spew out data concerning demand, costs, marketing strategies, etc. etc. The Oxford crew isn't anywhere near the caliber of these and other Fortune 500 executives. Shareholders will pay dearly for this inexperience and arrogance. And guess what, just like men mailman says the lawsuits have already been filed and continue to be filed. Finally, you heard it here first. I predict a grand jury will be convened to determine whether or not criminal activity has occurred. And the SEC investigating insider trading is just the beginning. Let's see if the State of New York presents this matter to a grand jury. Wiggins' own response to the SEC investigation amounts to little more than an admission of wrongdoing. I frankly find it amazing that he would make such a comment if he's represented by competent counsel. It sounds to me that Wiggins is a lose cannon ignoring the advice of his counsel - which at this point is simple - "shut up Wiggins". I have sold and taken my lumps. I want to keep what's left. As for the rest of you folks who can't deal with reality, keep the status quo and watch the rest of your investment evaporate. And when I'm proven wrong then have at it and criticize me to your heart's content. Until then, I suggest you continue to count your ever growing losses

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