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Magellan Health, Inc. Message Board

  • vchello vchello Oct 27, 2005 10:10 AM Flag

    Any thoughts on MGLN 3Q Results?

    I think this was a solid quarter. Overall earning are up due to expense reductions. Revenue is down a bit due to some contract losses etc. $500M in cash to fund acquisitions and get rid of some debt. Overall I like it...although I know that the overall Health Care market is hot and some investors may just pull their money out of MGLN and into something that is "currently" growing in value. I do think that if you look one to two years down the road, the value of this company will be substantially higher. This is a long term value play which is why i'm holding. Any thoughts?

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63.57-0.06(-0.09%)10:32 AMEST

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