Just a little history of AET stock prices. The
same share (no splits in reference period) that closed
at 77 today could have been bought at these prices:
43.75 in late 81; 61.75 in mid 86;
44:50 in mid 88;
40.25 in mid 92; 55 and change in mid 94,
and so it
goes. At best this, is a long-term lackluster
performance for a leading company in its field(s). Granted,
before the dividend cut, total return was better than
prices indicate. I hope as much as anyone that AET is
getting positioned to turn the corner. I say it is long
So, you call yourself "Hear the Truth"??? If I
understand your post correctly, you want C7 to call me a
"drunk" because I "take the other side" and am "totally
wrong"!!! I really think you can do better than that.
C7, let me say I find it appalling that a man,
like myself, whose every claim can be independently
verified (e.g., AET's NSQA ratings) can be labeled a drunk
when AceJack (who says hardly anything verifiable) can
take the "other side," be totally wrong and yet I have
never seen you refer to him as a drunk. On that basis,
C7, your is totally warranted and is one hundred
percent accepted. Thanks.
It is good to know that there are people on this
are interested in the pertformance of
this stock and not just
voicing their displeasure
with healthcare and lost employment.
FYI - Aetna is
a large part of my holdings and, of course
aware of the Government's revue of the merger.
has been my experience on other boards that there
people out there that audit these boards who know alot
more about a specific company that any financial
I have access to any and maybe more information
The volume on this stock does not indicate major
news is out... If daily volume increases significantly
(consistantly 50% higher) or large block trades occur with
downward momentum, I'd be more concerned... I have been
using the current weakness to add to my holdings which
were considerably lower...
Healthcare is a sector
that should do well when the market hits the skids...
although in the shortterm that may mean smaller
The move to the 90 area suprised me... I had taken on
1500 additional shares in the 63-65 area and sold most
of those in he 80-82 range... I had thought there
would be quite a bit of resistance in the mid 80's...
The move higher occurred on very low volume... I find
the volume is a good indicator on this stock and
right now very few med to large blocks are moving
thru... Option activity also often indicates short term
direction with the seller of the option being the smart
money (only valid when the contract numbers are large -
300 contracts or greater)...
I find this is a
great stock to trade, but I was suprised to see 90 the
other week... If you look back a ways you will see my
feelings on the low 90 area. There is so much pent-up
resistance there that it will be one of the best trading
opportunities this stock has had to offer... I was disappointed
when it got there so easily last time, thought that
the trading opportunity I had envissioned in the
85-88 range was history and I had entered my long term
trading range with only a small holding...
point I have added several hundred shares to my
holdings and will add more at lower prices or again start
selling in the 80's, I add faster than I sell.... good
This is one of the first unbiased postings that I
have seen on this board. In fact previously, when I
have posted asking for
responses from other
posters about their veiw of the stocks
nothing was forthcoming- only petty squabbles
previous employees. I seemed to be the only concerned
the performance of the stock price.
that the stock should in the 90's at this time based
on the earnings, buy backs, and the general
improvement in the
Healthcare Industry. So, therefore I am
very concerned when I
see the price drop every day
especially since I own 6000 shares
with an average price
Some thing must be going on that I am not
aware of. If anybody
knows any reason for the price
drop I would be interested.
results... Aetna paid a tremendous price a year
and a half ago when the severance pay was returned to
the bottom line as earnings... The company was just
begining to catch up (stock price) with the others in the
industry. Smoke and mirrors is recognised by the street as
such and thats one of the reasons for the current
valuation... Stock has a reasonable valuation for the current
On the positive side, this stock is in a segment of
the market that should fair well in a severe
hear the truth - I asked if you were a spokesman in an
earlier post... employees are not supposed to make public
statements about the company... which is why I used
"spokesman". You talk as an employee at least, and either have
the rosiest outlook in the world or you'd better lay
off the drinking (sorry I know its a cheap shot but
all your comments have the same single
threadedness... tough to weigh things with all the weights on the
same side of the scale).
I hope your trust is justified. Yes, it's the new
AET in structure compared with 4 years or so back.
But where are the results. Yes, I've suggested to AET
that AET does a poor job in PR. And I've told them
that I read lots of negative press and little positive
(Dallas Morning News. Mr. Huber admitted that AET had
"screwed up" (his words per news report) in dealing with
some Dallas docs. Well and good for the admission, but
the answer is not to make big mistakes.
have suggested that AET gets its PR and information
act together (Mr. Huber's "weeping widow" remark, for
example, was a ridiculous remark for a CEO to make. As one
who lost spouse to cancer, I certainly didn'
appreciate it. He apologized to the widow. With a little
thought before speaking, apologies are not necessary.)
And why does AET sell to those who can sue as in
CA case. A suit and judgment like that was just a
matter of time...regardless of how appeal goes. Like
handling snakes-too much downside risk and too little
upside reward potential.)
This AET Board of
Directors and Sr. Mgt. have had plenty of time to "build
shareholder value." Considering that current AET stock prices
in part reflect expectations for future, what does
that say for expected results? I hope we can expect
better results than share price indicates.
believe AET is very ethical. My concern is AET's ability
to manage to attain results that will in fact "build
Has this Board of Directors taken our
money down a path that inherently leads to to low
returns. Consider this: Why did they ever think that the
$9B investment in USHC could generate
on Investment (anything less is inadequate). Same
for NYLC and Pru. Where is the analysis? Most of what
I am able to read from AET is rhetoric,
generalities and lots of self-congratulations on "strategy"
and being the largest healthcare company. I'm ready
for RESULTS....and some solid information from AET
that is convincing and can be trusted.
This is the new Aetna. Its not the same company
it was as recently as three years ago. Visit not the
sins of the father onto that of a young son. What more
does WS want. AET is midas-like - improving the health
program of every community it touches. Its a financial
hercules in an industry marked by shady practices and
fly-by-night operators. Its quantitative and qualitative
medical information network is the envy of the industry.
Every step of the way in 1998, AET has delivered.
Perhaps AET could be more mindful of the press; perhaps
it could tout its own horn or even become slick and
give WS the dazzle it seems to require (perhaps even
changing its name to AET.com as some here have suggested).
Perhaps AET could improve its PR. Have you considered
making that suggestion to the Company? Good Luck and
like you, I, too, have faith and trust.
It's time for the AET Board to move or hit the
road. For at least 12 years we have heard from the
respective AET chairmen all about the unwavering commitment
to "build shareholder
value." It simply has not
happened. Will it ever happen?
When AET hit $100, Mr.
Compton said that reflected the confidence
had AET. What does today's price reflect? Notice that
AET hardly ever has a news release with anything
substantive on the positive side. It's usually just routine
info. about managememt appointments, awards,and such.
Evidently WS is not impressed. If AET's "strategy" (talk
about word-overuse) is as sound as management says, why
doesn't WS believe? If AET has a message, either it has
not been effectively conveyed or it has been received
with with skepticism. After all, history does not make
a strong case for credibility and reliability of
management's assessments. It's time for the Board and Sr.
management to get things going and get out the AET story (if
there is one). Oh yes, one of Mr. Huber's buzzwords for
98 was "execute." Now there's an idea whose time has
come. Did AET "execute" and will it show in
beyond) results? I might add that I own quite a few
shares and have hung in for the long term-AET stock
performance has certainly proven to be a lesson in patience.