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Biotech / Medical : XOMA. Bull or Bear?
XOMA 31.38-2.5%11:25 AM EST

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To: Bluegreen who wrote (16502)12/3/2003 2:42:13 PM
From: Cacaito  Read Replies (1) of 17367
 
Wrong in 2004, and Wrong in his comparison of Raptiva vs Amevive.

Raptiva IS an IMMUNESUPPRESANT drug, they are not just an "immunemodulator" and their side effects profile is not better than Amevive, neither is the efficacy.

That Fortis guy is obviously pandering to his own investment, fine, I am pandering my own too !!!

But, xoma will not be profitable in 2004, xoma will be lucky if they can ramp up $50 millions in 2004. Then it will give xoma $12.5 millions, that xoma can burn in one quarter.

Raptiva sales should go near $250 millions for xoma to be profitable, assuming current burning cash and current number of shares.

xoma is not awash in cash, xoma is washing cash for Dna.
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