XOMA. Bull or Bear? Message Board

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Biotech / Medical : XOMA. Bull or Bear?

XOMA 32.18

+1.0%

9:42 AM EST

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To: E.J. Neitz Jr who wrote (7121)	9/2/1998 5:55:00 PM
From: Edward Paule	Read Replies (1) of 17367

There is no way the questions asked in the survey could help determine the extant of tax loss selling. They asked: 1. When did you first buy shares of Xoma? 2. At what price did you buy your first shares of Xoma? 3. How many shares do you own now? My answers were: 1. 1990 or 1991, I forget. 2. $15.00. 3. Somewhere between 5000 and 100,000. (I did tell MP the exact #). They did not ask how many shares I bought at $15. They do not know that I already sold them for a tax loss in 1994. They do not know what the average price I've paid for my current holding is. What they do know is that I've been a long time investor and how many shares I currently own. Compiling this information from everyone in the survey would tell them how many shares are currently in the hands of long term investors. If this number was high enough, management could feel "safe" from something hiding in the shadows. - Ed.

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