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Biotech / Medical : XOMA. Bull or Bear?
XOMA 26.70-0.8%Jan 23 9:30 AM EST

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To: Cacaito who wrote (9076)3/10/1999 2:34:00 PM
From: aknahow  Read Replies (2) of 17367
 
Just to complete a thought:

<"Finally, if mortality is 10% in the placebo group we should expect
the study to continue for the next 1 or 2 years if they could recruit
some 800 to 1000 patients during that time.">

Since Jack Castello said they are close to the number required I agree with Gonzalez that they mean this and are not in anyway playing any game and that they know it will not take more than a few weeks and in no way end up being years. Meaning of course that the mortality is higher for placebo cases, IMO, than some are now thinking.

Perhaps more importantly is the fact that the market apparently understands that what is happening is bullish. Many of us regular posters are tired out and discouraged. Some of this comes from feeling XOMA could have and should have said more. The "market" does not care about any of this and I think I will just sit back and see what happens next.
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