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


To: E.J. Neitz Jr who wrote (7004)8/26/1998 8:12:00 PM
From: LarryS  Read Replies (1) | Respond to of 17367
 
I have a huge buy (for me) sitting at
$2, though I never thought it would go
anywhere near that low. Some of these
sells have been quite large, to me meaning
institutions are also selling. I hope
this is not a case of they know something
that we don't.

If there is any good news at all in the
weeks ahead Xoma surely would move
up to $4, a double. And if the DSMB
calls for an end to Ph III, which no one
seems to believe will happened, then the
stock will triple or more. With September
review to be announced in only a couple weeks and the PH III to end in only a couple
months it seem mighty odd that Xoma has
slipped so much...once again I hope this
slippage is caused by the bear market in
small caps and not something that we should
all know.

As far as insider buying I would think they
would be mortgaging their homes to buy
Xoma at this price, if they think it is
going to move to $20 or so in a couple years...What about it Ellen?? Any news
here?