Zonagen (zona) - good buy? Message Board

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

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To: Anaxagoras who wrote (1699)	1/14/1998 9:59:00 PM
From: Bill Wexler	Read Replies (3) of 7041

<<If this were true, then don't you think it would have been obvious to SGP that the product was a joke?>> It wasn't "obvious" that it was a joke when Podolski made this deal. Like I said previously, the in-house scientists did not review the drug in any way including its formulation. You may find this hard to believe, but it is absolutely true. Schering-plough's past history with these sort of outside investments has been less than stellar. Lot's of smart institutional investors put millions into Bre-x. Don't think for a second that a Pharma can't be conned - or that there isn't more going on than meets the eye. Counting on the Schering deal to somehow "validate" this company's bogus science is a terrible mistake - don't be misled. As far as trading this from the long side - I hope you make money, I really do. There is always the possibility that I'm terribly mistaken - but so far, the evidence only keeps getting more compelling that this is a full-fledged scam. Like I said in my previous post...stay tuned.

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