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: Edward Paule who wrote (7149)	9/3/1998 12:58:00 PM
From: aknahow	Read Replies (1) of 17367

THE SURVEY. An imaginary version of events. Top management often kills off even good ideas. Dumb ideas from below are almost always terminated early. Therefore, if a really bad idea gets executed it came from the top. In fact, the stupider the idea is the more apt is to come from an even higher level. This is not because top management is dumb. They are human and also make mistakes, but when they do the checks and balances that get our own stupidities quashed are non existent. In XOMA's case, I have a lot of respect for Mr. Castello, but if he asked, "Why is our stock down so much?" it is possible that other scientific types would ask I.R. if a survey had been done. If none had they would feel that it would be obvious that one was needed. And finding agreement Castello gave the go ahead. This is my version of how and why XOMA did its survey. It is opinion only. I like it so much that should any of you find out and post what really happened, I am prepared to disregard your post. I understand Bob, (not RobertK), thinks the DSMB requested the survey.

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