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

To: men mailman who wrote (536)	12/13/1997 7:35:00 PM
From: Gene J. Abel	Read Replies (6) \| Respond to of 2068

This weeks Fortune magazine disputes your claims of any blantant fraud. I suspect they investigated the situation pretty extensively. It will be years before you collect a dime if anything at all. I recommend we all start pursuing the positive OXHP which still controls a huge market. Hopefully the Fortune articl is the start of the rise of OXHP. GO OXHP!!!!

To: men mailman who wrote (536)	12/13/1997 11:31:00 PM
From: Naggrachi	Read Replies (1) \| Respond to of 2068

My losses are dear to me, and no I'm not a whimp. However, I have better things to do than clogg (sp?) up the courts to recover the $1300 that I lost. To me, my time is more precious than $1300, not to mention I could use it when filing my tax returns. My philosopy is as follows. When investing, one is taking risks. Stocks either go up or down. And when I decided to invest in OXHP the risk was more than obvious, yet I went ahead anyways for I have admired this company for long time. The only thing that kept me out of OXHP was it's high price. Funny how things work. In rerospect that was a blessing and I should have stayed away from it for good, but... lesson learned. After reading Andreas post, his response to my comments, I have to agree with him totally. So much so, that after some of the lastest facts that he posted, and some thought, I'm out as of Monday. These guys ARE getting paid the big bucks, there is no reason for what has taken place. As to it was either incompetence or fraud? I believe that the guy's age and inexperience led the incompetence part, then when they really found out what has taken place fraud settled in. Before the sh*t hit the fan, insider selling took place and the rest is histroy. It's a shame, a guy with such a bright future, took this route. I may have lost a small amount of money, however, one can only imagine what others have lost. Five billion is a LOT of money!! Some of these guy's may have put their retirement savings in this company, and lost it all. If insider selling hadn't taken place, my perception of management would be different. Mr. Wiggins could have done the right thing and the crisis takeing place right now, would have been just a set back in the long jorney of life. But now, who can trust this guy, let alone invest their hard earned money with him. Mr. Wiggins, shame on ya!! I'm not bitter, to say the least. This has been a good lesson, not to mention the friendship (I think) that I have developed with the people on this thread. Folks, the way info is shared on this thread and others like it, beats any financial media, T.V. or print, no matter how glitzy or hard they try. The tables have turned, power now is in the hands of the small investors. The old fashion way of investing is similar to the dinasour age. I'm leary of guy's that go on t.v. and promote companies they like, why? These guy's are only promoteing their agenda. That's why I can't help it but laugh when someone recommends a stock on tv. A good case in point is CNBC's power portfolio '98!! Yeah, get real, like I'm going to follow your advice and my porfolio based on 5 second sound bites. Andreas thanks for your findings, your dead right, this company is in major crisis with no where to run. I would settle for criminal investigation and trial, hopefully, than shareholders lawsuits. Zead