XOMA Corporation (XOMA)

[offshore48]

Assuming nothing is changing and the situation is static, then your right. Are we to assume that the situation IS static and not fluid? That may be a misreading of real time events now. I would not assume that things are not moving along at a brisk pace. Wording can be very telling. Using the term "Laser Focused" means something. Why not say "We are focused or We are very focused" instead. The term "Treatment" is now associated with the upcoming trials and not "Prevention". I see these as telling signs. You are correct in your point, but when conditions change, you adjust as well. Simply put, Xoma has a vision however one defines it. The vision is to become a viable commercial business addressing serious needs as it relates to these orphan diseases. You define your path and put the necessary infrastructure in place to achieve the end objective. The path is never smooth of course. We don't sit in the boardroom, so we don't know. The fundamental picture has not changed, the tools are. It's to be expected. To build a structure requires many tools that are not used 100% of the time. It's the availability of those tools that when they are called upon, are there. Without them, building comes to halt.