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Biotech / Medical : Oxford Health Plan (OXHP)

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To: sohony who wrote (838)	1/28/1998 8:30:00 AM
From: Tony van Werkhooven	Read Replies (1) of 2068

sohony, Your comment "so $2B = $25 a share". Keep in mind that this was strictly a hypothetical calculation based on one sale almost a year ago. Now one needs to update for the current environment (has deteriorated- many earnings disappointments) and assign a premium to Oxford's franchise. The biggest unknown still is the extent of the problems, how long will it take to set the right structure in place, when will the financials turn around. Part of this is knowing what action is being taken and when regarding changes in rates.

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