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Biotech / Medical : XOMA. Bull or Bear?
XOMA 26.65-0.8%3:59 PM EST

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To: Robert K. who wrote (9149)3/12/1999 4:53:00 PM
From: aknahow  Read Replies (1) of 17367
 
From the 10K

"The Company is also considering adapting the facility to expand production
of its NEUPREX(R) product. This adaptation, if pursued, is estimated to cost
significantly less than a new facility. The Company's current estimate of net
cash flows from NEUPREX(R) that would be manufactured in the facility exceeds
the current carrying value of the facility plus anticipated costs to renovate it
for NEUPREX(R) production. If the Company pursues this alternative, the actual
net cash flows that the Company will ultimately realize as well as the estimated
costs to renovate the facility could differ materially from the estimated
amounts."
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