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Biotech / Medical : XOMA. Bull or Bear?
XOMA 31.88+0.2%3:59 PM EST

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To: Tharos who wrote (4891)11/26/1997 7:31:00 AM
From: Robert K.  Read Replies (2) of 17367
 
Tharos. Agree. Some concern with price but minimal volume. Few sellers, fewer buyers. Fundamentals for longterm hold are solid. I think recently xoma has actually been trading up during no-news times, while having no reaction (generally to news). So perhaps its a good omen. There is percieved no-news due, but that may not be the case.
Ellen has been (somewhat)quietly getting data out on the company to brokers and the like. Also I think she now has some help. Another good sign. I think the next news out will be a liver trial end or perhaps
gne money. Of course there could always be stuff before those. I was listening to radio, stock-talk (east coast) and someone called in on xoma. The commentator couldnt spell it, but said he "heard of it" somewhere. Pulled it off his computer screen, and said basically, volitiile little stock ranging form 6-8. Couldnt say much else. Now how could someone like THAT understand what they are doing. Anyway
someone did call in on it, and that underscores how little some people know about bpi. I should have lots of info to share over coming weekend, will post.
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