Zonagen (zona) - good buy? Message Board

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

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To: Nagaraju R. Arakotaram who wrote (402)	6/14/1997 10:28:00 AM
From: Dauntless	of 7041

Nagaraju, Zona is a long term play for me so I try not to get to excited or depressed on short term movement. Also, the float on Zona is very thin so low trading volumes have an exaggerated effect. However, since you asked - IMHO Zona is (or will shortly be) on the radar screens of major brokerages & institutions. The clinical data is in & looks good. The firms handling the new offering are respected - OK, they're not Smith Barney, etc. - but they are high quality & lend that image to the offering. It would not take much for some big people to decide to take a position - with a big influence on the price. So I guess I'm bullish short term - but I'm even more bullish long term. Why? 1- Vasomax works for some percentage of the target population. 2- Oral therapies will certainly be the first to be tried by any clear thinking guy. 3- The current offering will enable the company to negotiate from a position of strength for the marketing & distribution rights. 4- Approval & sales in Mexico & So. America could happen this year. 5- The number of shares outstanding is small & the current market valuation is too low. Enough??? GOOOOoooooo ZOOOOoooooonaaaaaaa

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