I understand why Wall Street is responding as violent as they are because this was the darling of Wall Street within the HMO group,
We're now in a situation where a lot of the big corporate purchasing groups are playing one HMO off against another, ... As a result, the average price increase for the HMO industry was actually down slightly for 1996.
He was sensitive and still is. Kelly has a lot of pride and reacts to perceived slights, but you have to remember that he was just 17 years old.
I thought his guidance was quite crisp. He always shared his assumptions and way of thinking.
He's more of a believer in buying a company that has a significant indemnity business with the hope of making them managed care,
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