Zonagen (zona) - good buy? Message Board

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

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To: Bruce Rosen who wrote (3176)	3/30/1998 12:39:00 AM
From: Peter Goss	Read Replies (1) of 7041

The thing that is happening right now is that all of ZONA's prospects have become even less well defined and are being pushed further into the future. In a touchy market that does not seem like a good thing. Another point, everyone keeps hanging their bull horns on the SGP relationship. Any day you could hear the news that SGP has decided to terminate its relationship because it does not see a clear way to any serious profits. The $10 million is cab fare for SGP and the milestone payments only come obviously when the milestones are reached. If that news comes ZONA will open at $10. Until then barring more "news" from the ZONA spin doctors it will trade lower. Peter

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