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

To: Dr. Id who wrote (6636)	7/8/1998 9:58:00 PM
From: aknahow	Read Replies (1) \| Respond to of 17367

Jeff, could you explain why you would not buy it today? I understand being discouraged with the price performance to date. But I would be interested in hearing why you would not buy it now.

To: Dr. Id who wrote (6636)	7/8/1998 10:06:00 PM
From: Tharos	Respond to of 17367

Yes, frustrating is the word indeed. When I buy a stock I usually set the sell criteria before I buy it, if for any reason it meets a criterion, I sell. My biggest criterion is if there is some indication BPI won't work. So far there is not, and I suffer along with the rest, waiting for Wall Street to see Xoma as a gem instead of a piece of coal. This event may never happen. Another criterion I set was price appreciation over $8 with approval of Neuprex. If Neuprex approval fails to break out the stock then, IMO, nothing will.