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Oxford Health Plans, Inc. (OHP) Message Board

  • ssam ssam Jun 6, 1998 12:42 PM Flag

    Better Income Recover----Internal Source

    Sources say the company is on track of recovery.
    It is possible the company will pull out of red at
    the third quarter of this year. Far better than WSJ
    expected. The reason: 1) the worse result is an account
    write off for takne a "big bath" 2)the medical claim
    reserve is over estimated after they find the computer
    bug. Now company is more comfortable to line up the
    actual number to fulfill the operation cash needs. We
    will wait and see stock coming back soon dur to the
    rescent Healthcare sector recovery.

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