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


To: Thomas Haegin who wrote (1029)2/12/1998 8:34:00 AM
From: DRRISK  Read Replies (2) | Respond to of 2068
 
I think that we go down from here for now. I traded the stock yesterday and made some money at the open. The company is precarious because of their screw ups paying doctors and hospitals. This is their franchise and the stock is risky because doctors are dumping them from their lists of managed care. This will have dire consequences if they then domino over into employees dumping them from their menus of MCO choices. It is a very risky play when the smart guys with the money are getting equity at lower prices then where we are at now. It will not surprise me if we go higher but the big guys are in much lower then this and I prefer to accumulate at lower prices because they may need to rebuild their franchise at this point.

DrRisk will follow closely



To: Thomas Haegin who wrote (1029)2/12/1998 10:38:00 AM
From: Worswick  Read Replies (1) | Respond to of 2068
 
Off-topic perhaps my good friend Joe phoned from New York and he reports that his company has just sent around a memo saying that UNH, the company health-provider, is unilaterally raising rates 20%-25%.

These companies going forward are cash cows. God help us, the rate payers.

Isn't there world wide deflation?