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Biotech / Medical : XOMA. Bull or Bear?
XOMA 30.98+3.9%Dec 3 3:59 PM EST

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To: aknahow who wrote (15382)6/21/2001 7:39:06 PM
From: Cacaito  Read Replies (1) of 17367
 
Xanelim tentative for Q401 or Q102, these the market did not like, and it seems that they knew couple of weeks ago, when the selloff in xoma began.

They also knew (and Barron's and the TSC alerted well)the superior aspects of Amevive and Biogen alleged and expected earlier BLA (they do have long term data).

For me products are similar, except the long term responses on Amevive, these were probably few subjects, otherwise Biogen will have flaunted the numbers like a royal turkey the feathers.

Market is indeed manipulated, dumping xoma for this is plain garbage, but that is the reality when a biotech is overvalue, and xoma is very overvalue for the 2003 prospect of selling a me too 2nd tier product
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