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Biotech / Medical : XOMA. Bull or Bear?
XOMA 32.72-1.2%1:20 PM EST

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To: Arthur Radley who wrote (17303)4/27/2007 1:55:48 AM
From: bob zagorin   of 17367
 
thanks. couple thoughts on isis...

don't think its all in the price. there are very active shorts who have been spreadin g FUD about liver problems. look at the results for yourself but my layman's take is that these are just normal by-products of the drug's effectiveness... i think as the results are digested by the scientists and analyst community the stock price will move up...

the next catalyst should be some additional news about partnership for further development of this drug..

as always, the past history of antisense (isis, gnta, avii) hangs over the stock and it is reasonable doubt. i think the second gen drugs are significantly better..

also isis has significant underlying value both for its patent and research estate (as in ALNY deal) and for its soon to be spun off Ibis division with its TIGER biosensor... jmho....
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