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

To: opalapril who wrote (5318)	1/10/1998 7:39:00 AM
From: Robert K.	Respond to of 17367

All those market comments are "after the fact" bullshit. They either always double speak on predictions of the future or find reasons to explain what the market did so they can look like they know what they are talking about. Speaking of predictions, I have had some pretty on the mark (non-doublespeak) predictions lately. Quite a bit prior to the event I might add. Guess I am now prone to get some way off the mark :-) (to average out). On another note, meningococcal meningitis at my daughters school. Hitting quite close to home. Lets get that sucker approved. Ellen any sites in wash dc area for bpi? (just in case). I would be quite upset if I couldnt have the opportunity to do all I could on the off-chance it occured.

To: opalapril who wrote (5318)	1/10/1998 10:52:00 AM
From: jackie	Read Replies (1) \| Respond to of 17367

opalapril, Thinking, sentient being? Is a herd of buffalo a thinking, sentient being? No. It is just a bunch of things huddling together for mutual security. Of course there is no security when something big enough to affect the whole herd materializes; range fire, hunting party, flood, etc. The only time the herd does the right thing is when it is the obvious thing to do, at which point you no longer need the services of the herd. Speaking directly to the issue of what has over taken the markets recently, where was the 'wise' person(s) pointing out the now obvious problems in the Asian economies? All day long we hear people claiming to know what they are talking about, talking. How come we didn't hear anything about these problems with the Asian banks and borrowers before we lost our money? Aren't there people paid to know such things? Can anyone point to anyone explaining, before the breakdown of the last few weeks, that the folks in Indonesia, Malaysia, Thailand, South Korea, and Japan were seriously overextended and/or corrupt in the allocation of financial resources? If there is such an all knowing person, what was the condition of their investments, and even more importantly, what is that condition now? And what are they in now? I think no one knew. I honestly believe even the people who were in financial straits sailed into those straits ignorant of their own peril. This is, after all, how one gets into financial difficulties in the first place. You just sort of drift into trouble, get complacent about things because you just sort of believe 'everything will work out'. Or you're greedy and you ignore that little voice trying to warn you about something that is not quite right about what you are about to do. Or maybe you don't even have that little voice. Or maybe you're just stupid. Or ignorant. Or it's a combination of all the above. Meanwhile, you've got a life to live. It's not until the wolf is at the door, or even worse, the IMF; demanding an accounting, that you finally wake up to reality. Who was it, the World Bank or the IMF, that released a glowing commentary of the South Korean economy just a few weeks before everything blew up? It was one of them. If they don't know what is going on, who does? I think I've answered your question. Those <breathless commentaries> are anthropomorphic silliness. I feel better already getting all this off my chest. Regards, Jack Simmons