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

To: Bluegreen who wrote (7684)	11/7/1998 7:33:00 PM
From: aknahow	Read Replies (1) \| Respond to of 17367

Yes, but I understand there is a difference between the two. I do not however think it was the N.Y. Times alone but rather that others picked it up and ran with it. How do you pick up a story that mentions several companies and run with it? You can't because it's not a story, it's an article. Every one can talk about breakthrough drug or discovery. That's new. But it is more difficult to simply copy someone else's story. BTW the Discover article was sexier than the Orange Cty. one in terms of, "this little pig went to market", or at least was farther down the road than many other pigs.. I think we agree on the basic concept. There is a story, not just a bit part, waiting to be told. There is perhaps a Nobel prize. Never owned stock in a company that was participating in developing something for which the prize was given, and perhaps I never will. But imagine that as a story that gets everywhere!! BTW if XOMA is not a good buy perhaps VD portfolio group to include it as a short. At least it would be included. I can understand not thinking a stock is either a great long or a great short but after the big run up which exceeds anything in their portfolio, during the last few weeks. I think it would be rare for XOMA to just sit at around the current price. Also realize it is a lot harder to make a pretend short than a real one. One could be wrong a loose far more than money. Think Shakespeare said something like, Who steals my purse, steals trash but who steals a pigs ear gets his hands dirty." Meaning that ones reputation is worth far more than money, or at least to some. Perhaps Shakespeare didn't say what I quoted him as saying. Probably was Bacon.