Zonagen (zona) - good buy? Message Board

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

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To: Michael Bidder who wrote (1636)	1/12/1998 10:45:00 AM
From: Anaxagoras	Read Replies (3) of 7041

To All: Ok guys, I'm starting to buy. Here's my take as the Dow recovers from the early mornin' dip Couple reasons prompt me to do some buying right now. This is pretty typical Asensio behavior. He hits with a first release, waits a while, then fires another off on a Friday. Stock tumbles Monday morning, then rebounds a while on short covering. This pattern has occured most recently with ERGB. (BTW, I'm surprised the latest release didn't do more damage.) As far as ZONA is concerned, they will make a mistake if they issue a press release to rebut Asensio at this point, IMO- if they do, it gives Asensio cause to issue his own rebuttal- again, this is what has happened in the past. I'll admit a mistake and sell if we break back down to the high 12-sies. Anaxagoras

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