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

To: Thomas Haegin who wrote (648)12/23/1997 5:28:00 PM
From: Gary Burton  Read Replies (2) | Respond to of 2068
 
On Dec 18 Bear Stearns lowered furthur its prelim guesstrimate for 98' from 1. 00 to approx 10c and continued to rec avoid.Thinks mgt still has not got a handle on situation and that more auditors are still combing books.Maybe more shoes to drop?? who knows. Stock being bought by tax bounce speculators, who may turn tail in early 98 if bounce fails to take hold. The buying is in weak hands in other words. my 2c


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