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

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To: Peter Goss who wrote (2270)2/9/1998 6:19:00 PM
From: Claud B  Read Replies (2) of 7041
 
In the order of your points.

1. Directors are just like anybody else. They have cash flow
needs just like you and I. Two thousand shares mean nothing
in the total picture of their holdings. Why did Bill Gates sell
shares in Microsoft? Same reason as anyone else selling shares.

2.The NDA will be filed when all the data is in FDA presentable
form. Have you ever tried to make an FDA filing? It is a huge,
paper-intensive job. One that you want to get right the first
time and not have to re-submit for additional information later on.

3. I don't think you're serious about point #3 so I'll pass.

4. Would you be skeptical if Microsoft says a newer version of
Windows will be released on X date and it's delayed by 6 months?
(and don't give me the "Wexler" answer to this one that Microsoft
is a real company and Zonagen isn't.)

ClaudB
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