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

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To: Claud B who wrote (2767)3/15/1998 7:32:00 PM
From: Tokyo VD  Read Replies (1) of 7041
 
Claud,

You say you know more than me, yet you don't even know what the company said in late Nov. or early Dec.?

On the Zonagen conference call to discuss the Schering deal, Joe P. said the NDA would be filed "as soon as practicable" (the same jibberish used in the 10-Q). Then, when the stock started to crumble, Joe P. said on the late Nov. conference call (I believe it was the 29th) that an NDA would be filed in the next couple of months. That is what was said.

Now, if you claim to know so much about investing, why didn't you take some of your hard earned money off the table when you knew that an NDA filing (one that every investor expected) was going to be unexpected delayed?? Frankly, if you had known, you would have taken some of the good business acumen you claim to possess and boxed your position in Zonagen.

Hence, you are a NJ/NY based broker who has fallen in love with a story. The outcome of this story will be determined not by anyone in this forum, but by the FDA.

Tokyo
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