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Biotech / Medical : XOMA. Bull or Bear?
XOMA 26.20-1.7%1:12 PM EST

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To: Robert K. who wrote (10830)7/17/1999 9:11:00 AM
From: Arthur Radley  Read Replies (1) of 17367
 
Just got the S & P Outlook publication in which they give a mid-year update and projection for the coming six months. One area they suggest that will do well is the biotech stocks. Mentions the coming number of newly approved drugs and consolidation that will probably take place in the industry. I found it interesting that they expected foreign companies to be a major player in the take-over game. For the right amount of "yen"....I'm game for my 10 shares of XOMA.
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