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

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To: clochard who wrote (3228)3/31/1998 3:04:00 PM
From: Diamondcutter  Read Replies (1) of 7041
 
The receipt of cash is treated as revenue like all royalties are. Interest on the cash once in hand is also income. Both would be taxed less any credits.

Reportedly ZONA repurchased 288,300 shares between Dec 12 and March 30. They have $62m in cash today.

Diamondcutter
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