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Biotech / Medical : Trigon Healthcare (TGH)

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To: David B. Higgs who wrote (30)3/24/1998 10:50:00 AM
From: RevMikeB  Read Replies (1) of 35
 
I still believe Trigon is undervalued and has a lot more room to go up. This company has been around a long time, it just started trading a year or so ago. It has lots of cash and is looking to expand and cut costs. I heard that they are already cutting jobs in North Carolina and moving some of their operations to Richmond and Roanoke. Trigon raised everyone's premium about 12% not long ago. Now, I don't think their costs went up that much, so what do you think their next quarter will look like? I have to believe the stock will go much higher than it already has when their numbers surprise everyone.
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