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Biotech / Medical : Zonagen (zona) - good buy?

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To: jack w garnes jr. who wrote (4001)5/8/1998 5:42:00 PM
From: Linda Kaplan   of 7041
 
Jack: We are not talking about earnings: Santosh was asking about when the next earnings will be released and my point was that the earnings are not significant because the product hasn't been approved. In fact no filing FOR approval has occurrred. There are small bits of money from odds and ends and from the installment from SGP. There will be no other installment till not only filing with FDA but till FDA accepts the filing for consideration. I'm repeating this, since you seem to have missed it the first time I said it. :-) I didn't understand why he wanted to see the earnings when the product can't produce earnings, for at least a year, if ever. If there is a filing and if it is approved, it could be a year till approval, if there's approval, and thereafter time to ramp up for sales and earnings. We're talking at least a year and a half, I'd guess, till earnings show up from Vasomax, if any ever do occur.

Linda
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