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

To: aknahow who wrote (5169)	12/20/1997 11:19:00 AM
From: William L. Molair II	Respond to of 17367

REALLY wish someone would start carry options on XOMA - I wanted to hold all of my stock back in early November; but, wanted to buy some PUT options in case we had a selloff. Still have all of my stock and the stock has fallen roughly 30 percent. Bummer. I have as much XOMA as I can stand (portfolio percentage wise) and the stock is now trading around my average cost. So, if it falls much more from here - its REALLY going to start hurting!!!! Hope the H&Q conference perks up the biotech sector next month. Would be surprised to see any "big" news out of Xoma until the 2Q, at the earliest. I do not have any inside info - just seems like everything in the Biotech sector seems to take longer than the analysts initially think. I would LOVE to be pleasantly surprised. Really disappointed that CTSL did not make XOMA its top pick for 1998.