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Biotech / Medical : XOMA. Bull or Bear?
XOMA 32.31+1.4%Nov 26 3:59 PM EST

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To: aknahow who wrote (6837)7/30/1998 12:48:00 PM
From: Howard Henick  Read Replies (2) of 17367
 
The problem with that statement is that it has been true for well over 5 years. What has to happen for investors to notice is a biotech company has to have earnings or at least a large drug close to approval like Immunex. Three drugs in phase 2 trials gets you bupkis!!!
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