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

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To: Myron David Kor who wrote (1582)1/8/1998 10:15:00 PM
From: Bill Wexler  Read Replies (2) of 7041
 
<<Avant is a fraud and a scam.>> Absolutely correct. The only difference is that Avant has done a much better job at juicing the stock. The executives at Avant are fairly intelligent criminals (unlike the inept con artists at Zonagen), and have done a wonderful job pushing their stock on to institutional investors. in the meantime they are pulling cash out by a clever series of mergers with weak companies that happen to have friendly ties with Avant's CEO.

This should be a lesson to Joe Podolski. If you want to push toilet paper, you have to spread more money around and get some quality shills. His biggest mistake was hiring Opedyke and Ramsey.

Perhaps you can make up for your losses on Zonagen by shorting Avant. Even though Avant is a bit more dangerous in the short term - its future is as inevitable and clear as Zonagen's. It's going to zero.
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