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Biotech / Medical : Zonagen (zona) - good buy?
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To: Richard Ogier who wrote (334)5/28/1997 10:56:00 PM
From: Jeff L.   of 7041
 
The "effective" float, since approximately 2MM
shares are closely held, is only 3 Million shares.
Talk about a short squeeze!! Remember, this is
NASDAQ, so shares are double-counted. If all
shorts covered in one day, and there are 850,000
shares short, volume for the day would have to be
1.7 MM shares. The shorts are dead-wrong, and BOY,
are they gonna pay!!!!
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