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

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To: Diamondcutter who wrote (4174)5/15/1998 5:03:00 PM
From: oexwa  Read Replies (1) of 7041
 
RE: 10-Q - No real surprises here. Nobody expected them to make money since no SGP payments were scheduled or due.

I was looking to see how they would handle the numerous class action suits that have been filed. I guess that they have taken the Ostrich approach and chosen to put their head in the sand. (If one ignores them, they will go away.) Normally, companies make some comment such as, "Management believes the lawsuits are without merit and will not have a material effect on operations", or some such. As far as I know, they have never commented on any of the dozen or so suits. If they have, would someone please direct me to their response? Maybe it is in the full filing. Will check next week,
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