XOMA. Bull or Bear? Message Board

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Biotech / Medical : XOMA. Bull or Bear?

XOMA 32.13

-0.5%

Nov 28 9:30 AM EST

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To: aknahow who wrote (16718)	3/10/2004 7:34:12 AM
From: Robert K.	of 17367

George. You are of course correct. Institutional accumulation is a dated snapshot. However, the dated snapshot has shown continued trend towards accumulation so that is the most likely scenario. Remember when it was 17%. Secondly if I sniff value, then most likely others do too. Thirdly, companies like citicorp are investing to make money. I assume they do their homework. So, in answer to your question or statement> yes current institutional investment is a guessing game, but one can guess than xoma is more institutional quality than before and we have witnessed 17% to 48% which has been a longterm ongoing trend. IMO they want to make money, they have the power to self-fulfill. skd

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