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Biotech / Medical : Oxford Health Plan (OXHP) -- Ignore unavailable to you. Want to Upgrade?

To: Thomas Haegin who wrote (420)	12/9/1997 7:08:00 PM
From: john douglas	Respond to of 2068

Just heard on CNBC that OXFD traded down 2 points in after-hours trading. Any guesses on how low it might go tomorrow? Long and feeling sick.

To: Thomas Haegin who wrote (420)	12/9/1997 7:11:00 PM
From: RMP	Read Replies (2) \| Respond to of 2068

OXHP is off about 2 points in after market trading. I expect to see the stock to open substantially lower before we see some bottom fishing. Hopefully now all the bad news is out. Anyone out there considering buying ORCL?

To: Thomas Haegin who wrote (420)	12/9/1997 7:21:00 PM
From: TJP	Read Replies (1) \| Respond to of 2068

Good eye Tom. That is precisely what it means. Clearly, if Wiggins had known the amount of reserves needed at the time of his dire October announcement, Oxford would have taken them then. Unfortunately, Wiggins took what seemed to be the necessary charge, made positive growth projections and lulled a whole new group of investors into the stock. Goodness, do I feel stupid. Your point regarding additional charges will keep investors nervous since they won't know when or how much.