He's more of a believer in buying a company that has a significant indemnity business with the hope of making them managed care.

That's always a very uncomfortable situation to go through.

They are very disciplined. They only go after things that meet certain hurdles.

I understand why Wall Street is responding as violent as they are, because this was the darling of Wall Street within the HMO group,

I understand why Wall Street is responding as violent as they are because this was the darling of Wall Street within the HMO group.

I thought his guidance was quite crisp. He always shared his assumptions and way of thinking.

He certainly has made some strides in terms of negotiating some fair deals in his hospital negotiations.

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.

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.

may just be a knee-jerk reaction to the fact that 90 cents a share was so much better than expected.