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

To: opalapril who wrote (6643)	7/11/1998 10:12:00 AM
From: Robert S.	Respond to of 17367

Hello Xoma followers. I agree the employment vacancies may be a positive sign. But I believe any investment thesis should be subjected to a null hypothesis, so to speak. In this fashion, if it will please this court, I will play the role of devil's advocate. I submit to you that the vacancies may be the result of the following reasons: 1) FDA requirements pertaining to manufacturing processes before P-3 trial initiation (as per Opalapril) 2) Employees received better job offers elsewhere 3) Current employees jumping the proverbial "sinking ship" The answers to the above may not be apparent for quite some time, in my humble opinion. Keep the faith, Xoma longs, our time will come! Do not invest based on what I say (as per RobertK)