XOMA. Bull or Bear? Message Board

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Biotech / Medical : XOMA. Bull or Bear?

XOMA 24.61

-4.3%

Jan 28 3:59 PM EST

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To: Gary105 who wrote (10124)	5/21/1999 12:19:00 AM
From: LarryS	Read Replies (1) of 17367

The rise had nothing to do with Murphy. His record last year was nearly dead last, because he invested in small caps and biotech, both out of favor. The reason was the ending of our Phase III. The most profitable time to invest in biotechs is after the expensive and time consuming Phase III ends and before the FDA makes their decision. And of course its a gamble and your decision is based on what you have learned up to that point. Think we attracted a lot of day/short term traders who left after making their 1/4. We are still up more than a 1/4 from a couple days ago and still up more than a point from a week ago. We are moving in the right direction.

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