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Biotech / Medical : XOMA. Bull or Bear?

XOMA 32.31

+1.4%

3:59 PM EST

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To: opalapril who wrote (7869)	11/29/1998 11:02:00 AM
From: aknahow	Read Replies (2) of 17367

Lived outside U.S., 2 yrs. in Peace Corp, 2 as local hire, non U.S. dollar salary in Brazil and 10 as contract employee in area of small farmer credit.In brief I have seen how a governments intervention to lower the price of credit an fertilizer results in shortages of both. I have seen how people feel freer in a dictatorship. Many laws that most think are designed to protect the public were also designed to make it harder for others to enter the field and at the same time create opportunities for corruption. I could go on and on. Do I agree we must have some sort of government? Yes, sure. But if you don't think working until May, to pay all taxes, is a bit strange, then we part company. Would any biotech be better of with a government grant or with the FDA focused only on safety? But, lets go back to the move to Bermuda. <g> Does the existing tax loss get applied against royalty income or is it only useable for operating income?

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