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Biotech / Medical : Texas Biotech (TXB)

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To: Bill Wexler who wrote (710)6/9/1998 10:35:00 PM
From: Brander  Read Replies (1) of 834
 
"My logic is correct and I continue to be 100% correct about the TXB fraud and continue to recommend shorting it."

"I am also 100% correct about the related Zonagen fraud and continue to recommend shorting it."

You have a better argument with ZONA, although I would not call it a fraud. I think TXB has an above average chance of succeeding, for a start-up biotech.

BTW, that is not how I remember the discussion back then. As I remember it, you didn't know that the TXB had submitted anything to the FDA at that time, and you didn't think that they ever would.

Are you still recommending shorting SEAGATE? They were up strong today on bullish forecasts for the information storage/management sector.
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