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


To: Robert K. who wrote (17048)7/11/2004 1:11:13 PM
From: Bluegreen  Read Replies (1) | Respond to of 17367
 
Bob, I say this in all seriousness. Xoma COULD be becoming a situation of last man out. I don't see ANYTHING standing in Xoma's way to restructure AFTER Castello's sell program goes through. Raptiva's sales are pitiful and Xoma's burn rate is HUGE and remember the DEBT owed to Genentech. Remember in a restructure shares of Xoma could become WORTHLESS!!! In my opinion I think Xoma is a GREAT short at these weak levels, Raptiva poor sales, Genentech ALWAYS bashing Raptiva in regards to competition on conference calls, future indications(reminds me of Neuprex with Baxter),Xoma's HUGE burn rate and last but not least HUGE debt to Genentech. Once again in my opinion I think a restructure is a possibility.



To: Robert K. who wrote (17048)7/11/2004 5:53:52 PM
From: Bluegreen  Read Replies (1) | Respond to of 17367
 
They just can't SELL quick enough. After they sell I don't see ANYTHING that stands in the way of a restructuring. This is the management of YOUR company, Bob. I am thinking last man out......last man out. ENJOY.>>>>>>XOMA Executives to Enter Into Rule 10b5-1 Selling Plans
BERKELEY, Calif., Jan 12, 2004 (BUSINESS WIRE) -- XOMA Ltd. (Nasdaq: XOMA) today
announced that up to three of its executives, including its Chief Executive
Officer, may adopt prearranged trading plans in accordance with guidelines
specified by Rule 10b5-1 under the Securities Exchange Act of 1934 and the
company's policies with respect to insider sales.
Rule 10b5-1 allows officers and directors of public companies, at a time when
they are not aware of material nonpublic information, to adopt predetermined
plans for selling shares. Under these 10b5-1 plans, each executive will be
limited to the sale of the number of common shares represented by share options
held by the executive that would otherwise expire in January and February of
2005. In total, up to approximately 675,000 common shares may be sold under
these plans. These sales may take place from time to time and may be subject to
various market conditions. Each executive's plan will be separate and unrelated
to the others.<<<<<<<<<