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


To: Michael Burry who wrote (459)12/10/1997 10:39:00 AM
From: Chris Steele  Read Replies (1) | Respond to of 2068
 
Any thoughts on the CNBC interview? as far as being solvent, higgens seemed confident in the 500m in equity.

Chris



To: Michael Burry who wrote (459)12/10/1997 10:43:00 AM
From: Gene J. Abel  Read Replies (4) | Respond to of 2068
 
These guys have no debt, Wiggins indicated 75% of their business is profitable and their getting out of the unprofitable areas. Also, Wiggins indicated their payment problems were over. No way are they going out of business. Thousands of companies operate without earnings and don't file for bankruptcy. Sorry to see you sold cause at DLJ indicated this morning this is most likely the bottom i.e. all shoes have dropped. Like the banks, and the drugs, and IBM etc,etc, the time to buy is when absolutely no one wants them. I'd buy back if I were you.