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

To: Catherine who wrote (8098)	12/20/1998 2:38:00 PM
From: LarryS	Read Replies (1) \| Respond to of 17367

Seems to be XOMA is in a rush to get the paperwork done before we hear the results of Phase III. Maybe if the move happened after the Phase III results are known XOMA's value would rise, making it more difficult to move. I am waiting until about the last day to make a final decision in case some news comes out in the next few days. Enjoyed Tharos' news about institutional ownership rising from 8% to 8.7%. It will probably increase over the next few weeks as the institutions start taking positions in XOMA before the Phase III results are announced. I think the price will slowly move towards $5 because of this buying pressure.