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


To: Don Wong who wrote (1094)2/24/1998 8:26:00 AM
From: DRRISK  Read Replies (1) | Respond to of 2068
 
Don,

I made my move because logic tells me that KKR/Price have realized that this company is still very valuable. Oxford has the largest market share in NYC and their fast action will save the day. Price has apparently bought at prices that make this share price a discount. Apparently KKR is sweetening their deal and the street reminded the company yesterday that $14/SHARE is only a heart beat away. The Health care franchise in NYC can be fixed with money.
The final hurdle for me was that the street did not react to the greater loss announcement for the Quarter. This is why I went long This deal is done IMHO.

DrRisk we get a pop with the deal announcement this week IMHO