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


To: Arthur Radley who wrote (10584)6/29/1999 8:38:00 PM
From: aknahow  Read Replies (1) | Respond to of 17367
 
I think there is a lot to be said for T.A. Would have avoided buying so early if I had paid more attention.

BTW am on my second reading of the annual meeting presentation on the XOMA web site. Just a great presentation. However if you get into an automobile accident it apparently makes you sstutter if it is ssever enough.

Short example of one of the many things I found of interest.

<<<<<
Our LBP assay has three licensees: Biosite Diagnostics is in the clinic, DPC is
expected to enter the European market by the end of this year, and SRL is in
preclinical studies in Japan.>>>>>>>

<<<<<<<< DPC is
expected to enter the European market by the end of this year, >>>>>>>

We might have both news and royalties as a result of the DPC product this year. IMO. BTW all the Castello/XOMA remarks come with a standard non K but rather a S.E.C. approved disclaimer. So best visit the site to read it there. Am surprised there have been no comments yet.



To: Arthur Radley who wrote (10584)6/29/1999 11:14:00 PM
From: Edscharp  Read Replies (1) | Respond to of 17367
 
TexasDude,

I'm sure your aware of this, but I'll say it anyway. Technical Analysis (TA) can occasionally be very useful, but in this context I think it is near useless.

If Neuprex fails to perform the stock will drop like a rock. The false assumption is that TA can somehow predict this.

The technical chart looks good because of investor expectations that Neuprex will succeed. If it doesn't succeed TA will quickly reflect the new reality. TA is great if it can predict a stock's movement the day before, not the day after.

TA works a hell of a lot better when a company has earnings.