Silicon Investor (SI) -- The First Internet Community

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? -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Radley who wrote (10680)	7/8/1999 5:25:00 PM
From: aknahow	Respond to of 17367

Noticed this phrase yesterday. I take it as code for something was not right and now it has been changed. <<<<<<after making further improvements in the commercial process>>>>> Might be wrong, happens all the time.

To: Arthur Radley who wrote (10680)	7/8/1999 5:37:00 PM
From: aknahow	Read Replies (2) \| Respond to of 17367

Get prepared for engineered earnings at XOMA. I have not posted this before since the chances were dependent upon the last floorless convertible being actually bought at the 60% premium figure. It now looks like it has a chance of being issued at that price. The premium over market for the shares sold will come onto XOMA's books as "income". They might take it in just one year or they might spread it over two years. So if and when this happens and you see earnings, lets not be among those making stupid post. We can all do that on our own without any help from the creative accounting brought to us by Wall Street and the IRS. BTW this is not XOMA's fault. They are required to report this "premium" if it actually occurs as income. Just let's not get all excited if and when and if we see earnings, without checking to see the details behind them.