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: aknahow who wrote (8965)	3/6/1999 12:08:00 AM
From: Slugger	Read Replies (1) \| Respond to of 17367

You be the analyst, submit your prediction of XOMA's future performance here: stockselector.com

To: aknahow who wrote (8965)	3/7/1999 11:43:00 PM
From: Cacaito	Read Replies (1) \| Respond to of 17367

Nobody (but DSMB)knows the blind results, and there is no way of knowing even if one has the infamous total mortality, whoever thinks so just does not know how a serious study and serious research clinicians function. If anyone knows it could be a case of grave insider information leak, and a very easy one to track by the SEC. The recent total stock mortality is probably due to the last financing episode, a floorless with another name. Caveat, I am talking about the "financing floorless" with very little understanding of how it works. But too many of my stocks has gone tanking after one thinks the new cash infusion is positive. (now I empirically and painfully know it is most commonly negative for the price). The recent total stock mortality since to be just the result of the financial tricks of the lenders, who probably could not care less of the actual bpi results since their moneymaking is not depending on it. Does anyone thinks this lenders will expend a single hour reading bpi phase I/II, lps, meningo,gram neg or else? The only thing they expend time is in the legal aspects of making their money while they short/long/convert and so. Interesting how everybody is so worry about the science when couple of weeks ago and before the current tumbling everybody kind of predicted the last meltdown of the price. I do hope Tharos got into the shorting, he could be making some money now. At the time, I did not comment, but I suspected all the upset ones were probably right. Again, I have very little understanding of the financing the stock got into.

To: aknahow who wrote (8965)	3/8/1999 11:57:00 AM
From: Chris Boylan	Read Replies (1) \| Respond to of 17367

> from george wohanka on Mar 5 1999 11:58PM EST > But in the meningo trial the "problem" has been getting to a pre > established mortality target for all enrolled in the trial. We > believe 365 have ben enrolled and I think the target is higher than > 30 but lower than 40 and it has not yet been reached. My reading of the FAQ is that XOMA does not yet have statistically valid results from the study because not enough people have died across both groups. It appears that there are two possible experimental design issues here. One, they might be experiencing a very low overall death rate or, two, the ratio of deaths between the control and subject groups isn't significant. I've been playing phone tag with this Ellen Martin for a week to see if I could get more information on how they designed the phase III but I've got to say that since this is the second time that XOMA has extended the trial and since the FDA already gave them an easy target for statistical significance that this does NOT look good. I'm beginning to suspect that the stock is dropping off because the institutional investors are sophisticated enough that they've already read the tea leafs correctly. The other issue here is that the stock was 2 bucks not too long ago when it was obvious that they were going to raise more cash, given XOMA's desire to keep 1 year's cash on-hand, and nothing has changed to sustain the stock above 3. So it might be that the stock is just retreating to 2 following an unsustainable run-up. [Not in any way connected to the companies financing activities of course.] The stock really should be trading at 2 or lower anyway: They still don't have any prospects for revenue. They can't get a joint venture until they can show that Neuprex actually does something (chant E5 E5 E5 to yourselves). Every 6-9 months they will raise more cash through some type of mechanism that will be dilutive. Mark it on your calendar for September. As an aside, investing in companies like XOMA is no different than wild-catting in Texas at the turn of the century. You either make a fortune or lose everything. I've gotta say that right now XOMA is starting to look like a dry hole.