XOMA. Bull or Bear? Message Board

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Biotech / Medical : XOMA. Bull or Bear?

XOMA 32.48

+0.7%

Nov 14 9:30 AM EST

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To: Robert K. who wrote (5334)	1/12/1998 7:20:00 PM
From: Tharos	Read Replies (1) of 17367

This morning's news continued to show the turmoil in Indonesia. People are trying to exchange local currency for US$, scenes of people running currency exchange out of the back of trucks were shown. Also some scenes of gold purchases. Also a picture of a guy carrying a sign: IMF = I'M Fired! IMHO long term big looser will be anything priced in US$ and winner will be things priced in Yen. I expect US exports to decline, Japanese exports to increase, and US imports to increase. I'm thinking 50/50 chance this will cause a US recession sometime during Clinton's last year in office. Xoma's tape action continues to be disappointing, but then so does everone elses :-(....

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