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Biotech / Medical : XOMA. Bull or Bear?
XOMA 26.15+2.8%12:59 PM EST

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To: tom jones who wrote (3918)9/25/1997 6:55:00 PM
From: Robert K.   of 17367
 
Tom. If you think its marginal, I suggest you sell. I have no problem with bearish opinions. I will say though that the fda thinks
the data was strong enough in meningococcemia to give it subpart e
designation which essentially skips a phase 2. Also in Trauma I really doubt the fda would allow a phase 3 unless the data supports it. Of course we are not yet in p3, but it looks like its gonna happen. It makes little sense to own xoma if you dont believe in bpi products. Just food for thought. bob
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