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Biotech / Medical : XOMA. Bull or Bear?
XOMA 25.87+1.3%3:40 PM EST

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To: aknahow who wrote (15910)7/21/2002 11:58:08 PM
From: Cacaito  Read Replies (2) of 17367
 
Just a reminder: Rituxan is already a $1 billion, and expected to hit $2 billion in 2 years.

2% of $1 billion is $20 millions/70 million shares = $0.28 per share !

2% of $2B is $40M/100 million shares (adjusting for 2 to 3 years of extra issues) = $0.40 per share!

All given away for $17Miserly millions to pump into a stupid trauma pIII trial.

Idiocy ? Dishonesty? Who is behind the royalties buying company?
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