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Biotech / Medical : XOMA. Bull or Bear?
XOMA 33.34-2.1%Nov 7 9:30 AM EST

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To: Arthur Radley who wrote (17166)7/16/2005 12:35:26 PM
From: Edscharp   of 17367
 
Is news tonight the final stake or silver bullet to put this one out of it's misery?

Tex,

Final stake? No way!!

From Xoma's conniving point of view this is another opportunity to repackage the hopes and dreams of a BPI platform that can potentially cure....well everything!

Why'd Xoma start with Zephyr Biosciences anyway? Zephyr wasn't a biotech company and never was. Zephyr is a venture capital company and a new one at that. They have no experience, reputation or credibility in the biotech world.

How tough is it for a venture capital company with no reputation or money to acquire the tens of millions of dollars which they would've needed for their salaries, the $11M payment to Xoma, and the P2 & P3 trials? Pretty dang tough I'd say. In fact, they couldn't do it.

Nope, hope springs eternal. As long as Xoma has a firm grip on the BPI platform there is always the hope they will find some sucker to fund trials. You wait and see. There is one born every minute. P.T. Barnum said so and you'd do well to listen to him.
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