XOMA. Bull or Bear? Message Board

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Biotech / Medical : XOMA. Bull or Bear?

XOMA 32.31

+1.4%

3:59 PM EST

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To: nestegg who wrote (8041)	12/13/1998 6:38:00 PM
From: aknahow	Read Replies (3) of 17367

Friends, Romans, countrymen and you too nestegg, that is a good question. I don't blame you for not having read all the post. There is something called fair value of assets. Changing domicile makes sense only when you are starting out. There is a tax imposed upon change of domicile based upon the fair value of a companies assets at the time of the change. I believe this was the only legitimate question raised by the XOMA bashers on Yahoo. When the prospectus answered it they kept quiet, until they had an excuse to begin again. The answer explains why everyone does not do it. Nestegg, welcome back. I love this idea. Wish I was working for Lehman because this would be a real pleasure to present to many corporations that have operations abroad and are not yet profitable. biotechs happen to fit into this concept very well as a drug that works on U.S. residents, probably works on others also. <g> It is interesting to me to see how difficult this domicile concept seems to be for some to accept. I just hope that those that don't like it own few shares, or are short and own no shares.

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