XOMA. Bull or Bear? Message Board

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Biotech / Medical : XOMA. Bull or Bear?

XOMA 25.33

-1.9%

Dec 17 3:59 PM EST

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To: roger m who wrote (8185)	1/5/1999 12:59:00 PM
From: aknahow	Read Replies (3) of 17367

Do you also say the same thing about a $90 stock? Would you really rather buy it at $300 or $360? When Tharos said he would rather buy at $9, Xoma was around $7. I think many agree that it can be a reasonable strategy to buy on a breakout. Time however produces different resistance levels and different moving average paths so while respecting the concept of buying on a breakout it is something else to say one would rater pay 3 or 4 times as much for a stock. If there is a breakout I will probably add to my position.

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