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

To: Gene J. Abel who wrote (462)	12/10/1997 10:46:00 AM
From: Chris Steele	Respond to of 2068

Gene, I feel that same as you do. And I was aware of the DLJ comment also. Good luck all, Chris

To: Gene J. Abel who wrote (462)	12/10/1997 10:48:00 AM
From: Pierre Aydin	Respond to of 2068

I sold it yesterday and bought it today, I agree with u, We have Oxford Health Plan as health insurance and all the doctors that I and my brother go to don't have a problem collecting money. Pierre

To: Gene J. Abel who wrote (462)	12/10/1997 10:53:00 AM
From: Michael Burry	Read Replies (1) \| Respond to of 2068

The key is not to say "they have no debt" because LT debt is nil. If their reserves (read "accounts payable") are indeed $1 billion, then that can be considered debt due over the next 6 months that meets or exceeds their liquid assets in AR and cash. This becomes a regulatory issue, not purely an issue of business economics. The stock may do very well, but I am stepping aside to regain an unbiased view in light of this "disclosure" by the WSJ, which may very well be a typo. My portfolio doesn't depend on one stock, and I've found that when things get too complicated, a timeout is worth the transaction costs. In fact, I'd pin any succes I've had on it. Good Investing, Mike