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Biotech / Medical : XOMA. Bull or Bear?
XOMA 31.10+0.4%Dec 4 3:59 PM EST

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To: chirodoc who wrote (5038)12/7/1997 1:47:00 PM
From: aknahow  Read Replies (1) of 17367
 
To me XOMA looks great. Hate appearing like a cheermaker, and have always admitted to self doubts. Those of the nature of, "why if it's so great don't others see it." But, have been around long enough to now that while I can be wrong so can the market. Moving tons of dirt to get an oz or less of gold does not compute. Saving Tashika does.

XOMA is in all the right areas. If mutual funds were going to buy Xoma to compete with Murphy the have alreay done so and the impact, whatever it was, is reflected in the price of the stock. But, I maintain that concept remains in place and I give it more weight seeng the attention paid to leaders and laggards on The Street.

A big question remains and that is, is XOMA really dealing very hard or are the potential partners less interested than we might think.

I would like XOMA to not give it all away, so I am in a vunerable position of being over willing to accept the dealing hard thesis.
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