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


To: Premier who wrote (1619)5/15/1998 4:40:00 PM
From: Tony van Werkhooven  Read Replies (1) | Respond to of 2068
 
Premier- I would have anticipated that the results would be positive before any lingering effects of the system issues- i.e. 1998 gives them a year to get the house in order from a pricing standpoint, eliminate losing lines of business, eliminate redundancies.

Systems issues are a big unknown.

Overall- we probably can't do much till, as you indicated, there is some guidance from management. With the deal closed, Payson needs to address this fairly quickly.

I sympathize with what they are dealing- lots of moving pieces, missing data, unknown margins, the need to be competitive, the need to be profitable, and all this with a relatively small margin as bottom line profit target.

I would expect Payson to be very carefull before providing any guidance. There will be no reward for being wrong.

Tony