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Biotech / Medical : XOMA. Bull or Bear?
XOMA 34.39+6.7%3:59 PM EST

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To: Arthur Radley who wrote (4205)10/21/1997 6:32:00 PM
From: Andrew H  Read Replies (1) of 17367
 
>> Do any of you fellows think we might see the same scenario with XOMA (buy on rumor, sell on news) as we saw with LGND yesterday?<<

TD, responded to you on the LGND thread. The short answer is that it all depends on the news. If hem trauma news is very good, I beleive the stock will pop nicely. If only pretty good, stock will hold. Anything less, I think it will fall. That's why I would wait until after the announcement to buy.
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