I think plenty of companies would emerge as
bidders if HUM were to properly market itself.
think it is presumptuous for any of us to presume that
we can do the job of the investment banker.
Typically, bidders emerge for companies that no one
Management needs only to best position the company and take
the best shot. Actually, I cannot see it being in
McAllister's or Jones, Jr.'s position to sell. (Where else are
these guys going to replace their current positions?
They are history in the event of a sale, because I
cannot imagine anyone allowing them to run another
company!) But, it is overwhelmingly in Jones, Sr.'s best
interests to sell.
I am interested in something
else, though. McAllister promised months ago that HUM
would dispose of all money losing divisions before the
end of last year. Why haven't we seen an announcement
confirming this was done, and projecting increased profits?
Remember McAllister's graph showing how profitable the
company would be without these money losing
Where are the results?
Yes,I thought the lack of mergers would drag the
industry down, but the upturn in the premium cycle has
come to their rescue. You are right that almost all of
the buyouts have been a disaster. Poor systems remain
a drag on this industry but HUM has value in its
strong membership base.
If HUM is going to be the great consolidater then
somebody better tell the market because our sales are
being valued at 1/2 the sales of such powerhouses as
CVTY and MME let alone the UNH, CI and WLPs of this
Look, the world of 10-11% premium increases with costs
only rising 7-8% are not going to last forever.
Competition and market share will return and the big players
are not going to suffer lightly losing profitable
customers to small inefficient competitors. As far as the
net goes it will drive down both costs and profits.
Only the biggest most efficient companies will be able
to compete when they all meet on the
Sorry SWR I just don't see it. If somebody makes a
reasonable offer for HUM they are gone and if there is no
offer coming then I wouldn't want to be invested here.
It's been inevitable for the last 10 years,
according you stockholders.
I don't think it's
inevitable at all. They may be the ones doing the acquiring,
if the stock continues it's upward momentum. You're
going to see Humana becoming a leader in internet based
servicing and selling.
back. he condemns me for buying and selling hum
multiple times in it's run from 5 to 14, all along i made
money but yet he condemned me for selling when i did.
additionall, he bashes me for an amd investment which hasn't
progressed as i'd hoped but i still haven't lost a thing
since i haven't sold yet.. he fails to recognize that
one simple principal, unless you sell lower than you
bought, you haven't lost a thing. AND, if you haven't
sold higher that you bought, you haven't made a
thing.. his type sickens me because he professes or acts
as though he's never made a "poor" investment
decision which we all know in the world of finances is
part of the school of hard knocks.. he's up on hum,
but in the interim (more recently the last 2 days) he
could have sold hum in 14's and bought back much
cheaper on low 12's. if i apply his logic, he's out
$10,000 samolians from 14 to 12 in 2 days with 5,000
shares of hum..USEFUL INFORMATION YOU ASK???. someone
earlier said forget about interest from ayone buying the
co. hum, if there wasn't a suitor at $, there's
surely not one at $12, i think a sale of hum is out of
the question at this point...tech stocks, beaten down
lately, the nt's, amcc's, jdsu's, a's, nok's msft's,
csco's, amd's, rmbs's, are all extremely good buys at
these levels, many others as well. hum was a steal at
$5, now it's less attractive. logic says, if a stocks
near it's lows, it will go higher, if it's near it's
highs it will fall. market conditions can impact this
in many various ways.... now is the time to get in,
bio techs, techs, financials, STAY AWAY FROM THE
INTERNET .COMS EXCEPT AOL OF COURSE...GOOD LUCK
Uhm - they had a suitor at $30/shr! Things
change. There is going to be a lot of consolidation in
the HMO market going forward. Everyone is hesitant
because of some of the disastrous mergers that took place
in this industry. But when the insurance cycle turns
again and growth starts to slow and their stockholders
start getting antsy trust me they will start to pair up
HUM will be one of the first to
go - IMO.
How come message boards get so personal????Instead of giving out useful information. Everyone, check out AMHC, similar to HUM, and rising...They are also buying back their shares.....