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Biotech / Medical : XOMA. Bull or Bear?
XOMA 26.15-0.7%Jan 20 3:59 PM EST

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To: dlc who wrote (9330)3/23/1999 10:05:00 AM
From: opalapril  Read Replies (1) of 17367
 
<<Why do you think word will leak out?>>

I've posted about this before. The short answer is human nature, particularly greed and curiosity. "The only way two people can keep a secret is if one of them is dead." -- Mark Twain (paraphrase).

Clinical observations in the field, contacts between trial clinics and Xoma contacts, ward whispers, order forms, wastebaskets, golf courses -- all that and more are fertile fields for informing one's speculation and getting out or into a stock on a timely basis -- something we long-time Xoma longs obviously failed to do. Viz, Murphy's mysterious/coincidental/serendiptous trade out of Xoma last year shortly after recommending the stock and shortly before it took a 50% haircut.

Who once said something like, "there is no such thing as coincidence only different levels of knowledge?" Maybe it was me.
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