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


To: Edscharp who wrote (9736)4/29/1999 6:42:00 AM
From: Anaxagoras  Respond to of 17367
 
Missed an obvious point....
When (well, make that "if") the music stops for Internuts then the day traders will move to biotech for their doses of event driven announcements. We're still probably a ways off from that in a serious way, but it wouldn't surprise me if some (the ones who don't do this on a regular basis already) were starting to transition. The meningococcemia trial announcement is just the kind of thing that, in the right atmosphere, would fuel a spike, IMO. Instead there may just be a bump. We'll see.

Anaxagoras