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Biotech / Medical : Xenova (XNVA)
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To: billgates5043 who wrote (139)8/4/2005 11:43:28 PM
From: Robohogs  Read Replies (1) of 173
 
The negative reaction is the risk/reward. The paper is illiquid (worse than most hedge funds, in fact) and comes with a very low yield relative to returns expected for equity holders - which it effectively is.

Jon
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