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Biotech / Medical : XOMA. Bull or Bear?
XOMA 28.10+5.7%Jan 2 9:30 AM EST

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To: William L. Molair II who wrote (3778)9/15/1997 9:54:00 PM
From: Robert K.   of 17367
 
I will throw this at you. Xoma market cap is 325 million or so. Now consider their pipeline and status. Is xoma worth 325 million? And I agree with your friend William. 20 mill is chump change. See what murphy did, what would a sturza or a fidelity do? Tharos- 2.5 million shares took out that resistance pretty thoroughly. I agree we could take a breather, but on the other hand that news is coming.
I was going to nibble for more, but looks like I might just be a watcher and holder now.
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