Replies to post #176057 on Biotech Values

[iwfal]

EXEL -

OK 0.05 alpha it is - both you and David verified it. Are you sure it's an O'Brien Fleming function? Very little inflation in event goal which is atypical of a hefty alpha spending.

Sure it is possible - but using something other than OBF is fairly rare. All in all I'd find Summer's thesis of improving HR substantially more probable and bullish than the use of something other than OBF. Especially since they used OBF last time.