XOMA. Bull or Bear? Message Board

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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: John Patterson who wrote (7007)	8/27/1998 6:06:00 AM
From: E.J. Neitz Jr	Read Replies (1) of 17367

John Patterson--Agree with everyting You Said Have been an investor in small caps since 1983, and the current environment for small caps has been horrible. I suspect much of the recent rapid drop in small stocks over the past few days is both margin call and " throwing in the towel" related. My experience tells me we are close to final capitulation--and I am now buying after remaining on the side-lines for many months except for a few trades. The creation of real wealth comes from buying at the right price and then holding. I got my answer I was looking for in a previous post--insiders are buying XOMA. I recently started to buy Xoma again, mainly because I detect the possibility of great value, but understand the possible risks--but when you have a low enough price, the risks are reduced considerably. I do feel sorry for those that are in Xoma at much higher prices-- but I too are in that situation with a few other stocks, so I can understand the pain. Best wishes to everyone and I sincerely hope everyone comes out all-right on this.

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