Zonagen (zona) - good buy? Message Board

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

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To: Michael Young who wrote (858)	11/22/1997 3:47:00 AM
From: Paul M.	Read Replies (3) of 7041

Mike, I agree with you 100%. SGP has billions in cash. 10m is a drop in the bucket for SGP. SGP spends over 700m a year on research and still nets close to 2billion on 6 billion sales. If everyone is interested in equity stakes that SGP has take a look at seprecor. It is developing an antihistamine. This is more in line with SGP core product line and the founders are expatriots from SGP. Not to say SGP's top marketing expertise could not sell 200million+ of Zonas drug. Zona is risky but don't go on the word of Asensio. He is known to pick shorts but he also known to drive a stock down and dump it without telling his fellow shorters.

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