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

To: LarryS who wrote (7005)	8/26/1998 9:06:00 PM
From: Clouseau	Respond to of 17367

Folks - I've been long XOMA for quite a while, and this drop has me worried - mostly because just a month or so ago, a dramatic drop in another four-dollar biotech - Alfacell - which had Phase III trials supposedly going well - ultimately led to an announcement that the trials had not gone very well, and indeed were terminated. Somebody knew in advance, and the stock dropped on no news just as XOMA has dropped (ACEL is now 75 crummy cents)! I sure hope that isn't what we are staring at here! Yeesh! Dave