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Biotech / Medical : XOMA. Bull or Bear?
XOMA 31.80-0.1%Nov 21 3:59 PM EST
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To: Tharos who wrote (4903)11/28/1997 10:17:00 AM
From: Edward Paule  Read Replies (2) of 17367
 
>>>>more fun to discover the answer for yourself<<<<

Thanks for the link. I've bookmarked it.

To answer my own question as to whether a positive mention of XOMA in Worth will move the stock, my answer is "sort of."

It depends on the individual investor that's reading it. If it's someone like us who are already invested in XOMA and already know that M&M recommend it, then Worth's article does nothing. If it's someone who thinks that Biotech is too risky a place for investing, then the mention also does nothing. However, if the someone is someone that likes Biotech but doesn't know about XOMA or M&M's recommendation thereof, then the mention becomes a "straw." Given enough straws, this someone may eventually buy the stock; or if they already own it, buy more or not sell.

P.S.
George, thanks for answering Bob's question for me.
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