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

To: Andreas who wrote (505)	12/11/1997 4:19:00 PM
From: Thomas Haegin	Respond to of 2068

Re: No bankruptcy news yet Andreas, thanks for the post. Alas, no news from there yet. I have full consideration if you refrain to engage yourself financially in OXHP at this point. The stock now is about $2 below my reassessment point. I did reflect and now just stay put, not increasing nor selling. I fully agree with you that there is a crisis going on, a management crisis. I think they should change quite many guys in senior positions. And Wiggins should be cut off completely from meddling in operations IMO. He should be cut back to "vision consultant" or "New Products development" or something, but lease management to others. In fact, management or senior positions changes or with good track records outsiders coming in will be one of the things I want to read about before ever considering buying more stock. Another one is seeing at least steady enrollment. I don't care anymore for enrollment growth, at least not for the moment. In fact, this might be more beneficial for the clean-up at OXHP than further big growth rates. It will hamper EPS, but I'd prefer to see solid operations first and nice EPS thereafter. The price of the stock is rather irrelevant now, IMO. Nobody knows what it's worth anyway. To this regard, I want to ask you or anybody participating here if you have any contacts to the type of consultants that were featured in the WSJ article of some days ago, asking them what they think of OXHP now and whether the see people walking out. I also asked some posts before, how easy or difficult it is anyway for members to walk out of their OXHP memberships. Enlightenment appreciated, Thomas