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


To: men mailman who wrote (1267)3/11/1998 1:31:00 PM
From: men mailman  Respond to of 2068
 
Small volume today.Saw ineresting article that the Magellin fund is investing in the healthcare sector (see end of post).

Even if Magellin did not buy OXHP specifically (btw Fidelity
still owns 1.8 mil. shares) it does show they expect the healthcare
sector to do well in the near future, be it by boost in earnings
expectations or consolidation and merger expectation.

If you feel like I do that the worst for oxhp is behind us then OXHP
will probably outperform other healthcare issues.

Here is excerpt of article.
"Magellan Fund raised its holdings in technology and health care stocks
in January, but cut assets invested in finance and energy shares.
The massive fund raised the percentage of its assets invested in tech
stocks to 15.1 percent as of Jan. 31, compared with 12.9 percent Dec.
31.
The fund also raised its total investments in equities to 95.1 percent
of assets at the end of January from 93.7 percent at the end of
December, according to the Fidelity's monthly Mutual Fund Guide,
released Wednesday. ""
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