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Technology Stocks : Data Dimensions

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To: Staff who wrote (3975)	12/16/1997 3:30:00 PM
From: Bill Wexler	Read Replies (1) of 4571

I noticed that the stock touched 20 today but I didn't bother to short more....oh well - tomorrow's another day. BTW, I recently started shorting Zonagen (ZONA) - it's another of these money-losing development-stage biotechs working on male erectile dysfunction drugs. Problem is - their drug is based on an ancient generic medication for hypertension. There was a big mania in this sector during 1997 when VVUS was the big speculative play. Now it looks like investors have gotten bored with these scams and are moving on. The Zoangen thread reminds me of a lot of the Y2K threads....cheerleading, threats of short squeezes, personal insults directed at short-sellers, yadda, yadda, yadda. You may want to check it out. Go to: asensio.com ...and read his reports on Zonagen. This guy has a terrific track record of sniffing out scam stocks, and his research is impeccable.

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