	hbo hboc urges shareholders against andover hbo and co said it sent a letter of strongly urging shareholders not to sign any proxy cards sent by andover group on march andover group a two man general partnership which owns about seven pct of hbo s stock filed preliminary proxy materials with the securities and exchange commission seeking to nominate an alternative slate of directors at the company s april annual meeting andover had expressed an interest to uire the company in september but hbo has never received an offer from them it said in addition hbo said its financial condition is improving rapidly as the result of a significant restructuring implemented in it expects the company to report net income of about cts per share in and a very significant increase in for the year ended december the company reported a loss of mln dlrs or cts per share reuter 
