There is chance that we will go below 6.00 again
before the trend up starts. I am waiting for some money
to free up and I will invest 100% of my money in
MME. I have already bought a bunch at 7.50 and am not
upset by the price drop. My guess is that by Jan 2000,
this puppy will be at least 9.00 plus.
has changed with the company. I am surprised at the
low volume today.
now seems to be the time to be more aggressive.
With the company buying some of the stock back it
means a better position for the company reserves and
when the market turns and we sell at a profit the
extra shares we bought to dollar cost average we can
make twice the sauce. I'm going out for my anniversary
to celebrate the upcoming horseradish sause that
lainies brisket needs. Thanks for all those card and
letter fans. Just remember....a horse is a horse
ofcourse unless the horse is th e famous mr. B.
I got back in to MME lastweek at 7.5. I have not
heard anything bad come out of the company. I believe
earnings are due on 11/11/99. I would think after the
allotted time mgmt would buy back shares aggressively if
shares languish at these prices. If it drops more I will
I am hoping to get out at 9.50.
but unfortunately in the wrong direction.
You said it perfectly: "Well, perhaps this is
symptomatic of the whole sector. HMOs have fallen from grace
for the time being, even though they're still very
much a part of the health care solution in this
We are in another down cycle as Congress
and the lawyers get ready to whip up on the HMO
sector. I don't think that is the kind of environment
that stimulates consolidation. Our best hope is for
spring. By then the pressure should start to build on the
As a former employee AND a follower of MME, I
can't for the life of me figure out why this stock
doeen't break out. I also can't understand why someone
hasn't made a run for the company. For one of the big
players, it would be a good value. Lots of members, a
goodly amount of cash, a huge provider network,fairly
decent management (despite having more useless VPs than
a bank) and some positive recognition in the
marketplace. I'm glad I no longer own MME... I couldn't stand
the tedium. Well, perhaps this is symptomatic of the
whole sector: HMOs have fallen from grace for the time
being, even though they're still very much a part of the
health care solution in this country.
The only safe investment for Y2K is investing in
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