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Biotech / Medical : XOMA. Bull or Bear?
XOMA 25.33-1.9%3:59 PM EST

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To: aknahow who wrote (6727)7/19/1998 7:12:00 PM
From: Dan O  Read Replies (3) of 17367
 
Thanks for the explanation George. I have invested in several other companies that used this form of financing where the other party received more shares in the event of a decline. I really do not like this. It puts the holders of those shares in opposition against the long term investor as they have a vested interest in a price decline. I believe that these types of issues are manipulated more often than not.
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