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Biotech / Medical : XOMA. Bull or Bear?
XOMA 25.88-1.0%12:55 PM EST

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To: William L. Molair II who wrote (8407)1/21/1999 6:29:00 PM
From: opalapril  Read Replies (1) of 17367
 
Thanks very much for the report. Well done.

I don't mean to prolong this discussion [Oops! Too late!], but did Ellen happen to explain why, if the Company was instructed by the FDA not to mention total deaths as the endpoint, it is now okay to tell every Bob, Mike, and Murphy about it on the telephone?

I am sure Ellen is a terrific person and Xoma is a standup company and all of that, but I still feel more than a little misled last Fall over that mysterious telephone survey business. Remember? At the time Xoma IR offered a number of explanations all of which turned out to be arrant nonsense -- it was really about Bermuda. Makes one wonder about everything else they say, eh?

As for <<Xoma currently has less than 1 year of cash remaining>> -- this is definitely not good. Not good at all. No.
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