Zonagen (zona) - good buy? Message Board

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

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To: BDR who wrote (966)	12/13/1997 2:15:00 PM
From: Dauntless	Read Replies (1) of 7041

Dale, About 2-3 years ago Zonagen acquired a company called Fertility Technologies, Inc. FTI sells lots of different products to fertility labs & clinics around the country. FTI does not contribute significant revenue but that was not why it was acquired. It allows the company to understand the market in the best possible way - by being part of it. FTI has been growing nicely and is always looking for new products to expand its offering - but its contribution is very small compared to the potential for Vasomax. Zonagen has several other products in the pipeline - suggest you call IR & get latest annual report & other info. I still believe Zona is a good long term play - but long players seem to be a scarce commodity. The stock buyback announcement is just GREAT strategy. Increases our value & responds to all the slings & arrows in the best way - by putting their money where their mouth is.

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