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Biotech / Medical : Biotech - Technical Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (292)4/5/2002 9:41:16 PM
From: Jibacoa  Read Replies (1) | Respond to of 544
 
XOMA The stock tanked today after news of delay on Xanelin their drug for psoriasis.<g>

Of course the stock has been on a downtrend since mid-February and the insiders and institutions had been selling.<g>

The price to book had been around 40 and the price/sales around 30
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It may hold at the 4 support level.<g>

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The May 2000 bottom was 3.12 and the September 1999 L 2.03<g> The book value is 0.19 Today's volume was over 23 M and it may take a while to close today's down gap.

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Bernard