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


To: men mailman who wrote (701)1/2/1998 3:33:00 PM
From: Stephen M. DeMoss  Respond to of 2068
 
When did I become your pal<G>. I am sorry, I was wrong on the response to you. My mistake. I sincerely hope you have sucess in this suit. I have been hurt similarly. My debate with you is that Oxhp has done a very common and not necessarily wrong thing. Insiders sold at the top. They saw the 'writing on the wall' and sold. If you were working for a company and saw the changes in the general field and a number of things within your company that may make rough sailing for a bit, wouldn't you cash in too? My point is that this happens all the time and its not necessarily unethical. What announcements did they hold back? They had computer problems, but so did Aetna. They are slow paying, but my wife says a number of the companies they do business with deny most if not ALL claims initially just to discourage fraudulant claims. I owned SunHealthcare a couple years back and the stock fell hard and all of us lost money. A suit was started but frankly I debated and finally did nothing. The stock shot up 10 points during the final stages of the suit and I think that minimized the validity of the suit. My guess is that some how, some way, the stock will move up and in turn, minimize the validity of the suit. For your sake, I hope you can win. I do feel sorry for you. We are the last to know and generally get hurt the most. Steve D.