Silicon Investor (SI) -- The First Internet Community

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) -- Ignore unavailable to you. Want to Upgrade?

To: LoLoLoLita who wrote (414)	12/9/1997 6:40:00 PM
From: Christopher White	Read Replies (1) \| Respond to of 2068

David, Thanks for the advice...we'll see if 20 holds tomorrow - with the high volume of Dec20p traded, short term I think there will be a lot of selling pressure. Charts look absolutely terrible. Good luck. Christopher

To: LoLoLoLita who wrote (414)	12/9/1997 6:52:00 PM
From: Terrapin	Read Replies (3) \| Respond to of 2068

We have seen many negatives come out: -4Q and yearly losses (no surprise but new news) -further additions to reserves (new news) -increased spending on Medicare and possible restructuring of program (new news) -NY investigation -Class action suits (not the end of the world but can't ignore 'em) -negative articles in NY Times (and elsewhere) -apparent lack of confidence in management by Wall Street This is not a comprehensive list. I will be open about my strategy: I think that there are good reasons for this stock to continue to fall and as it does I will be buying. I am already a holder. My reasons: -The first two items are temporary corrective measures and I invest for >1yr. -The Medicare item is a substantial concern but it is possibly already priced into the stock (I'm working on the analysis - kinda new at it<g>) -I believe a temporary selling hysteria is underway due to the recent articles about the OXHP situation. This is my honest opinion (I'm writing it out to emphasize the point) and only a gut feeling. Back in April most technology and communications stocks dipped to irrational levels and have since rebounded - I am only trying to sense when this stock will be hit with enough negative publicity that it falls to those irrational levels. -It is also my belief that almost all fast growing companies hit a major stumble at a critical mass. This is no small mistake but is it a back-breaker? Please, any comments about irrational lows or additional negatives are welcome. Thanks, John