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Biotech / Medical : Foundation Health System (FHS), HMO also known as PHS -- Ignore unavailable to you. Want to Upgrade?


To: Vadim D. Marchenko who wrote (2)10/30/1998 4:23:00 PM
From: Helen MacMillan  Read Replies (1) | Respond to of 18
 
I started to look at FHS because of posting #21128 on the IDEA OF THE DAY thread under market trends and strategies. There is a gentleman there by the name of IQBAL LATIF who posts global views. He noted this am that HMO's are starting to move and FHS was singled out. It also seems to me that under yahoo the p/e is incorrect. It looks like 10 .I was thinking a p/e of 16 would be realistic. I'm Canadian so don't know all the facets of American health care. However was in health care so was pleased to see some areas of coverage deleted when they didn't fall into general trends. Looked to me that someone is watching the bottom line carefully with a no nonsense attitude. Bought in around this afternoon's dip. Now we'll see.
With the new netscape my daughter put in my computer I don't seem to be able to link.---so the long explanation.Regards Helen