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Biotech / Medical : XOMA. Bull or Bear? -- Ignore unavailable to you. Want to Upgrade?


To: Robert K. who wrote (10545)6/26/1999 11:43:00 AM
From: Chisy  Read Replies (1) | Respond to of 17367
 
In non-md terms would you please explain that to those of us who have stupidly invested in something we don't understand?

I bought this stock because I hoped there would be a cure for the disease that nearly took our daughter's life. We were lucky that we had very good medical care, our doctor and Children's Hospital in L.A.

Peter Lynch says invest in only what you know. After mostly lurking on this subject for almost a year I have come to the conclusion that unless you are a doctor or a medical technician, don't buy biotechs.

Thanks in advance to any of you out there who can point out the merits of this company in layman's terms.