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Biotech / Medical : XOMA. Bull or Bear?
XOMA 34.39+6.7%3:59 PM EST

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To: Robert K. who wrote (9632)4/15/1999 10:10:00 AM
From: Slugger  Read Replies (1) of 17367
 
<<Genentech will fund XOMA's share of development costs via long-term convertible loans.>>=more dilution. I would like to know more about the terms of this agreement.

On the positive side, Genentech doesn't think XOMA is going out of business anytime soon (or they expect to buy them out).
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