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Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?


To: JMarcus who wrote (214)1/16/2003 3:46:11 PM
From: Jibacoa  Respond to of 3722
 
XOMA Is up 12.34% on volume of 1,622,151 after positive comments from Ryan Beck & Co.<g>

RB considered DNA comments on Raptiva a positive for XOMA. (DNA in the C.C. yesterday projected FDA approval for Raptiva as early as the 4thQ this year.That was about a Q earlier than RB had projected.)

RB pointed out that XOMA is expected to receive 25% of profits from Raptiva sales. They reiterated their "Outperform" rating and a 12-month target of $11.

Will see if the stock can close today above its Dec.31 H of 4.50 <g>

siliconinvestor.com

Bernard