Zonagen (zona) - good buy? Message Board

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

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To: drsvelte who wrote (4119)	5/13/1998 11:40:00 AM
From: Linda Kaplan	Read Replies (1) of 7041

I believe I know what moved the stock. I heard (unconfirmed) that the Zonagen CEO mentioned that they were waiting for approval of their drug. I guess he forgot that they haven't even applied for approval yet. It's certainly true they're waiting for approval, after all. But it would be more true if they'd applied, wouldn't it? Some of us might say we're waiting to apply for approval. But then we'd be asking why we're waiting so long to apply for approval. And how could we explain needing years to massage the data? First we were told it's because SGP is filing for ZONA, so they're waiting for SGP, but then we were told ZONA is filing themselves, so ZONA should know that they haven't applied yet and should also know why they haven't applied yet. So it's easier to say we're waiting for approval. Well, time is such a subjective thing. What's a year or two in the scheme of a lifetime? Facts can be so fluid, can't they? Linda

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