XOMA. Bull or Bear? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : XOMA. Bull or Bear?

XOMA 26.85

-0.1%

3:35 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mike head who wrote (9649)	4/16/1999 7:35:00 AM
From: Robert K.	Read Replies (1) of 17367

I have some reservations. Many potential pluses and minuses. My biggest problem with it is we basically paid for and incurred 50% of the expenses thru p2 (thru convertible at our option in 2005). So if we paid 50% thru p2 (vs 25%) then why dont we get 50% deal thru p3? Or conversely, shouldnt we have paid only 25% in p2 for this deal? Why did we pay 50% to get a 25% payment? Now on the other hand we have 4-5 deals done with gne, they are proximal, and they have bpi experience themselves. I cant help but think there is something else coming (bpi or other) which factored in this deal somehow. Also note the other payments are undisclosed royalty amounts, and royalties (if they occur) with be tax free for us in bermuda. Also we dont know who is responsible for what in p3? Lots of questions, no real answers. On another note, I really like the hu1124 product, but its not my reason for investing in xoma. I am keeping that in mind. All disclaimers apply as always. Standard K.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next