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Biotech / Medical : XOMA. Bull or Bear?
XOMA 25.49-0.8%11:09 AM EST

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To: Cacaito who wrote (14012)7/7/2000 7:02:06 AM
From: Robert K.  Read Replies (1) of 17367
 
cacaito, while I can not positvely say what bax will do, I have every bit of confidence that they are in bpi for a reason and am quite confident of extensive development. Of course, i am not baxter so I cant say 100% for sure.
If you wish to believe bpi wont work at all then thats tunnelvision at the least. Another thing I feel good about is that we do have strong partners paying development costs and that we do have another strong drug in p3 coming on fast that supports our price some. IMO a lot of the risk has been removed. IMO thats imPortant. The risk/reward ratio changes when the risk changes. Recent events in bpi p3 have definately impacted the near term reward to a degree. I can wait.
ALL imo STANDARD k
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