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

To: Gene J. Abel who wrote (452)	12/10/1997 10:19:00 AM
From: william liao	Respond to of 2068

you just cannot trust those analysts. i bought oxhp after soloman and other brokerage firms rated it a buy after the major crash. now the stock is still falling like a rock and those same analysts changed their minds today by downgrading it to neutral or hold. but i could not switch my mind that quick! i have to hold the bag and wait maybe 10 years for it to come back! if it ever. william

To: Gene J. Abel who wrote (452)	12/10/1997 10:39:00 AM
From: Thomas Haegin	Respond to of 2068

Re: NY state playing games I woukl think that KPMG audited on the actual state of real cash/money items: AR and AP, whereas the NY charge constitutes a non-cash reserve for possible future payouts (of course OXHP sure better has some money available to spend on it eventually ::) Question on the $28m charge for non-NY, were they required by some authority or did OXHP make this provision themselves? Whatever, I wonder why is there such a large disparity between the 2 figures? People in NY state are not that much sicker than anywhere else, I'd guess. And OXHP do not have 85% of their enrollment in NY alone. So maybe there is credit to the statement that NY plays games. I'm still rather confused? Thomas