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Strategies & Market Trends : InvestRight - Short Term Trading St -- Ignore unavailable to you. Want to Upgrade?

To: KLAW97 who wrote (248)	9/23/1998 10:31:00 AM
From: Jeffrey L. Henken	Read Replies (1) \| Respond to of 939

You can never get hurt by taking a profit KLAW97. You know this much better than most. InvestRight Regards, Jeff

To: KLAW97 who wrote (248)	10/10/1998 9:28:00 AM
From: Jeffrey L. Henken	Respond to of 939

It might be time to look at the HMO group to find a pick with some well above average upside potential. Insider buying in the group as a whole has been unusually high. The group has been pummeled this year and most of these stocks have gone down hard. I have been following OXHP on and off fo a little while now and noticed this story over at CDA Investnet which confirms some of the buying going on in the group: FOUNDATION HEALTH SYS. INC. - FHS -- Even before the recent market-wide correction, shares of Foundation Health like those of many HMOs, had been severely pressured. In all, for the last three months, the stock has lost more than 65% of its value. On August 19, in response to a verbal request from the New York Stock Exchange, the company publicly asserted its ignorance of any corporate development that might explain the unusual trading volume in the company's common stock. In the days that followed, insiders stepped in with open-market purchases. From August 20 through August 26, four insiders purchased a total of 56,700 shares at $11.81-$12.75 per share. Setting the pace, recently promoted CEO Jay Gellert purchased 25,000 shares. It was his first open-market purchase since first filing in '96. Not far behind, Director Raymond Troubh picked up 20,000 shares. Rounding out the activity, CFO Steven Erwin picked up 10,000 shares, while Director Richard Hanselman purchased 1,700 shares. The company has certainly had its share of problems. Even so, some have maintained that Foundation Health, like so many of its peers, has been the victim as much of association as poor fundamentals. In the search for answers, the surfacing of insider support may provide some valuation clues. Foundation Health Systems, Inc. is a managed health care organization which administers the delivery of managed health care services. cda.com Here are some URL's to Yahoo quotes for anyone wanting to check into these stocks: quote.yahoo.com It might take six months but I expect these stocks will be big winners in 1999. Please check out the following story and the associated earnings estimates for some stocks that just might be ready for a strong recovery: biz.yahoo.com InvestRight Regards, Jeff