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


To: William L. Molair II who wrote (10797)7/15/1999 12:35:00 AM
From: aknahow  Read Replies (1) | Respond to of 17367
 
You are right the story still has not made it to most of the big brokers. If XOMA keeps jerking the shareholders around by not providing any info. except, "we are pleased", it will take even longer for the story to get to them. The thing most likely to get brokers to notice is the performance of the stock. At the present time brokers are less apt to dismiss XOMA when it is mentioned to them, then they were when it was @ $3.

Murphy is convinced the stock will move if XOMA just says they are pleased. I agree it will move but think it will be online retail buyers and the same institutions now apparently buying. The big houses are not going to put their clients into a stock just because a company announces it is pleased and is filing a BLA.

Sturza might have interest in at least looking at the XOMA story again if he saw the basic numbers, but doubt he will even think about it until after a conference if there is no basic mortality by arm data provided.