Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Arthur Radley who wrote (7293)	9/23/1998 8:04:00 PM
From: nestegg	Read Replies (1) \| Respond to of 17367

Think again about XOMA ? Are they making making money yet spilling over as a share to stockholders? Better than you can earn on a 'CD', or Bond ort some other SAFE, conservative investment vehicle? Invest in a Company that is growing with ever increasing Sales dollars (10% - 20$+) Or, put your Faith in a Company that looks like it 'promises' future earnings? IMHO, if you want to play a $2 stock, better to look at something like Unilab (ULB). Yes!..I too once played XOMA and frankly made quite a few bucks on it's volatility in Vol. & Pricing. But now, I'm a stockholder in ULB...and now also, I can sleep at night! P.s. Hi George !

To: Arthur Radley who wrote (7293)	9/24/1998 8:07:00 PM
From: aknahow	Read Replies (1) \| Respond to of 17367

Old story, think you told us about it back in 1996. But there are pictures. Surprised it took me so long to find this specific story. wral-tv.com BTW I did not like to see that large block volume today. Hope it is not prelude to takeover from these low levels. Agree with Yahoo poster that it was buy but not that big holders never sell at the bottom. Also agree that Tharos had a point long time ago when he spoke of market makers being contracted to pick up positions and then the entire transaction is shown as one trade. Am convinced that if there had been an eager sell trying to unload a block of 500,000 shares the price would have collapsed. Never really thought Tharos was correct about this block buying before and offered numerous examples of how one hedge fund seemed to take positions. The difference I guess is the size of the position desired. If there is anything going on I expect we will find out fast. The magnitude of the trades are going to generate attention. Hope XOMA has a so called white knight to keep the company being knocked over easily.