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

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To: Bruce Rosen who wrote (2568)2/27/1998 2:04:00 AM
From: Linda Kaplan  Read Replies (1) of 7041
 
Bruce,

It seems to me that if Robert Wbitaker and his co-author heard Asensio's arguments, they also heard pro-Zonagen arguments. They did their own research and they formed their opinion. FORTUNE is not a magazine that has an investment in destroying any stock, and they are not the Enquirer of the business world. They are reputable, verify facts before publication, and they're careful. I honestly believe they published this with the investors' interests at heart.

The fact that Whitaker has published a preliminary version tells me he's consistent and has been working on the subject for some time. I don't believe that FORTUNE would have taken it up if their editors weren't convinced of its validity.

I don't believe there's a conspiracy in which FORTUNE magazine is a part, to destroy this company. I do believe their are clouds over so many issues that there is no reason to risk funds in the company. There are, after all, a lot of companies in which to invest money. Why add all these problems to the already great risk of a single-drug company that has no approved product and whose product may not be approved. FORTUNE suggests it will not be approved. The risk of being long in Zonagen is huge.

You're probably right that the big players already know about this article, and that many knew in advance of publication. But I expect that there are a lot of smaller players who will be hearing about it during the next few weeks. I just couldn't see taking that risk.

Bruce: Do you have any relationship to Zonagen other than as a stockholder?

Linda
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