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Biotech / Medical : XOMA. Bull or Bear?
XOMA 31.10+0.4%Dec 4 3:59 PM EST

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To: Bluegreen who wrote (16190)2/21/2003 1:44:58 PM
From: Edscharp  Read Replies (1) of 17367
 
Blue,

"Did you take advantage of the recent dip in Xoma?"

No, I sure didn't. I actually thought there was a good chance it would descend into the $2.50 - $3.00 range.

What we are seeing now is nothing more than a technical bounce off the $3.00 support level. In the absence of any material news we may yet see Xoma retest that level.

I'd sure like to know why you and some others are so optimistic about Xoma. After 5 years they have little to show for their efforts, and their pipeline, even if successful, has a long way to go with a lot of apparent competition from the pipelines of others.

Not a single bullish prognasticator on this board has ever call it right on Xoma. Blue, give me a few reasons to believe that you have it right this time.

Regards, Ed
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