Tuesday, November 09, 2004

Managed care upside

According to SacBee the California Insurance Commissioner John Garamendi is supposedly thinking of backing down from his previous stance of not allowing ATH WLP merger to go thru. As highlighted last week, I believe managed health care stocks have more upside given less uncertainty from Washington and this merger certainly will help fuel other deals, such as CVH FHCC announcement. The stocks mentioned last week were ATH, AET and PHS all of which are up over 5% in 3 days.


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