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

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To: Mama Bear who wrote (2293)2/10/1998 9:52:00 PM
From: BigKNY3  Read Replies (1) of 7041
 
Barb <<When are you going to quit talking and take a position?>>

Touche! Probably never.

I am basically a Big Pharma and Blue Chip investor with only a small percentage of my portfolio allocated to what I consider speculative stocks.

I am guessing that ZONA's jump is related to a possible NDA filing of Vasomax by SGP prior to Viagra's expected approval in March. If this filing occurs, ZONA will easier reach 30.

Given that premise, why not invest? Because if there is no NDA filing in the first half of 1998, ZONA can easily sink back to 14.

Given this scenario, the ZONA day traders will make this stock very volatile this month.

BigKNY3
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