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Biotech / Medical : XOMA. Bull or Bear?
XOMA 33.53-2.8%3:59 PM EST
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To: fred hayes who wrote (17084)8/18/2004 9:12:00 AM
From: Edscharp  Read Replies (1) of 17367
 
Fred,

You have my curiosity. Are you 'jumping in' for the short-term or for the long-term?

Short term I can understand. There may be a dead cat bounce on the way, but if you're in for the long term exactly what do you base your optimism upon? I can't imagine what kind of good news might be brewing in the intermediate term much less the short term...and almost certainly, sometime next year, Xoma will be diluting their stock even more.
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