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Biotech / Medical : Biotech & Pharma.T.A,
BIB 81.45-1.6%Dec 29 4:00 PM EST

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To: Jibacoa who wrote (31)9/17/2002 12:19:10 PM
From: Jibacoa   of 3722
 
XOMA Opened on a good up-gap today after the early news about Raptiva achieving its primary efficacy endpoint in its trial for moderate-to-severe psoriasis.

Serono, which has an exclusive license to market Raptiva outside of the U.S.& Japan,plans to file Raptiva with European authorities in the first quarter of 2003.

biz.yahoo.com

It seems that XOMA is ready to close its early April down-gap by closing above 7 in the near future.

It had a good up-move in the first 20 minutes of trading today with the intra-day H at 7.20 It is still trading at 6.71 at present (up 10.18%) with volume already more than 3x its daily average.

siliconinvestor.com

siliconinvestor.com

After closing above 7 XOMA still shows a good amount of resistance from the 8.5 to the 9.10 level, before it can test its mid-February H at 12.15.

siliconinvestor.com

Bernard
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