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

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To: Bill Wexler who wrote (2301)2/11/1998 9:04:00 AM
From: BigKNY3  Read Replies (3) of 7041
 
Bill: A question for you:

Since you have a short position in the ZONA and the trend momentum is now going against you, do you cover and take your profits?

Or:

Do who wait it out and hope that the news and facts (to be revealed over years) will prove that you were right and ZONA's momentum will reverse?

Given ZONAs action, Viagra's nearing approval and a 50% probability that a Vasomax NDA filing will occur in the first half of 1998, a short position in this volatile stock is very risky.

BigKNY3
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