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


To: Worswick who wrote (684)12/30/1997 12:56:00 PM
From: LPasko  Respond to of 2068
 
If this company, with its large base of satisfied customers, needs cash to continue, the laws of the universe say it will get it. Remember when that useless scam of company Cityscape needed money a few months ago? Wood Gundy bought their song & dance & raised $50 million for them in September, bringing along a fair list of Wall Street geniuses. This happens again and again (other examples include the chronically ailing Medaphis Corp.). All it takes is one, and the rest of the sheep follow. I'm not saying this is bad: the distressed securities investors out there revive many a punchdrunk entity.