XOMA. Bull or Bear? Message Board

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Biotech / Medical : XOMA. Bull or Bear?

XOMA 33.53

-2.8%

Nov 12 3:59 PM EST

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To: aknahow who wrote (17052)	7/13/2004 1:51:42 PM
From: Edscharp	Read Replies (1) of 17367

By the way, George. Well said. The first rule of investing is you have to be able to trust management. If management's behavior is unconducive to trust the odds against successful long-term investing soars to the stratosphere. Short term investing is still doable. One just waits for the next drug-trial hype and sells into it. They seem to have created an industry of followers who live for this purpose. Acne goop appears to be the next big event on the agenda. The problem with Xoma is that they mixed good science with a substantial dose of blarney. They fooled a lot of good people. Drove at least one of them insane. <g>

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