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Biotech / Medical : XOMA. Bull or Bear?
XOMA 25.22-5.0%Dec 12 9:30 AM EST

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To: Henry Myers who wrote (4190)10/20/1997 8:57:00 PM
From: Robert K.   of 17367
 
I agree Henry. The market may drag xoma but the stock price will probably move independantly based on bpi success/failure. Tharos, if
in fact median pe is 13 and we are at 17 , a simple swing of 4 pts to the other side of 13 gives a pe of 9. And 9/17 is about a 50% drop. I also believe the 74 market saw a pe of 4.8. I remember that the high-flyers has pe's of 11 or 12 back then, and several stocks had pe's under 4.8. Imagine if you will.....Andrew,no real trial news expected that isnt already known. Just data released. Chiro, if I knew the answer I would be a bit wealthier. My best guess is dont depend on the news to move the stock. Instead follow bpi progress, and if progress ,deals.
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