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Biotech / Medical : XOMA. Bull or Bear?
XOMA 31.86+0.2%3:59 PM EST

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To: Bluegreen who wrote (7859)11/27/1998 7:05:00 PM
From: aknahow  Read Replies (1) of 17367
 
Bluegreen, I don't think we are talking about revenue generated in the U.S. from product sales.

"If we succeed with NEUPREX®, we anticipate a significant portion of our future revenue will originate outside the
United States,"

IF WE SUCCEED.. WE ANTICIPATE...A...PORTION OF...REVENUE WILL ORIGINATE OUTSIDE THE U.S.

I think U.S. revenue, not necessarily royalty income from others located in the U.S. will end up paying some sort of U.S. tax. But I await the prospectus for clarification.

BTW posting and reading post should have disabused you of thinking there are any reasonable people, so your second question is just plain stupid.<g>

Seriously, when one says, IF SUCCESSFUL we expect to sell what we were successful at developing does not sound like much hype to me. To add that some of those sales would be made outside of the U.S. sounds logical and not like hype. The final word came from the market. The statements were not taken as hype. The stock did not rise to $20 in anticipation of success and huge foreign market for Neuprex and other drugs.
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