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Biotech / Medical : Texas Biotech (TXB)

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To: Brander who wrote (401)12/22/1997 10:54:00 PM
From: Bill Wexler  Read Replies (2) of 834
 
<<calling a company a scam, whithout good evidence>>

I have bad news for you Brad.

The company is a scam. I'm not saying this to be contentious or contrary. It is simply a fact.

The best thing I can tell you is to visit TXB and Zonagen yourself - or, if that's not possible, have a friend who lives in the area do it or hire a private investigator. The companies are linked in many interesting ways, including the touts that spread false research about both of these companies.

I can assure you that there is a very good reason I call these companies frauds. I'm not saying these things lightly...and I have done more than my share of due diligence. I hold a short position in Zonagen (started at 30 a share), and absolutely nothing has happened to change my opinion of ZONA or TXB.

Be careful with this stock. You are investing in a piece of garbage run by a bunch of crooks who have no intention of ever delivering anything.
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