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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Ricardo A. Biondi who wrote (8089)12/10/1997 2:34:00 PM
From: Bill Wexler  Read Replies (5) of 9285
 
Here's one we should take a serious look at - ZONA

This is another development stage drug company working on - you guessed it - an erectile dysfunction drug.

Unfortunately, it looks like Zonagen's flagship product, Vasomax, has only one active ingredient: a 45-year old generic drug named phentolamine, and it seems that their phase II and III trials were a bust.

Manuel Asensio recently wrote a report blasting the company:

biz.yahoo.com

It is currently trading at 29 - 30 a share. It hit an all-time high of 45 after being touted by Volpe-Brown and Westergaard (sheesh!), and the stock seems to be struggling.

Check out the ZONA thread on SI and Motley Fool. looks like a lot of touting and true believers. I wouldn't recommend posting on either one because you will probably get skinned alive.

This one looks like another winner. I'm short at 30.
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