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

To: Robert K. who wrote (5453)	1/31/1998 8:59:00 AM
From: Tharos	Respond to of 17367

Bob, Xoma would not have a ps ratio, so it does not apply. What I was referring to was a system where you search the Value Line database (1700 Stocks, costs about $600/year. Monthly updates via CDROM, between month updates via Internet) with the following criteria: 1. Companies with 12 month EPS % change >20% or >1.5 X database average, whichever is higher. 2. 26 week % price change >20% or >1.5 X database average, WIH. 3. Last QTR EPS % change >20% or >1.5 X database average, WIH. 4. Sort out takeover candidates using timeliness factor. 5. Sellect top ten issues from ones left that have the highest Est % Change EPS for the fiscal year. You do this in January and June. You buy the January sellections, hold them until May 30th and sell. You then buy the June sellections and hold until Dec 31 when you sell. Pretty simple and straightforward. The model, non-optimized, backtested to the 1950's returns an average yield of 29+%. From Dec 31, 85 through Dec 31, 1991 (dates published in book) the model's return averaged 42.07%. Not bad for a no-brainer system.

To: Robert K. who wrote (5453)	1/31/1998 10:36:00 AM
From: Tharos	Respond to of 17367

OFF TOPIC >>-I smoked but I didnt inhale, ie-I had sex once in 1977,ie-I am not having a sexual relationship.<< Bob, I remember that Bush promised "No new taxes" and then signed into law the biggest (at that time) tax hike in history. The press had a field day with Bush for doing that. Clinton promised more than no new taxes--he promised a tax cut, and then signed into law the biggest tax hike in history. The press kept mum. Senator Bob Kerry (D, Neb) commented in Esquire that "Clinton's an unusually good liar. Unusually good. Do you realize that?" Jesse Jackson said, "There's nothing he [Clinton] won't do. He's immune to shame. Move past all the nice posturing and get really down there in him, you find absolutely nothing. Nothing but an appetite." There are people who, for some reason, are surprised or upset if we don't give Bill Clinton the benefit of the doubt. They have probably forgotten it is an American birthright to be skeptical and untrusting of government, not to mention Bill's accolades as sung by his peers ;-). Yes, there was a time we expected our politicians to promise more than they could possibly deliver (read lie to us), but we wanted them to keep faith with us and not lie while in office. It appears Bill Clinton is changing all of that.