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Biotech / Medical : Zonagen (zona) - good buy?
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To: Alan Newman who wrote (5164)8/10/1998 9:58:00 AM
From: Linda Kaplan  Read Replies (2) of 7041
 
It's making a big move, even though on small volume. My thought is that the reason for the move is erroneous, however, so when the facts filter through, the stock will continue down. Basically, there are the rumors that Joe started, which Craig posted here. Pure nonsense. The earnings seem to have nothing but the one-time Schering payment, without which the company would be continuing as they were the prior quarter. When all that is understood by the Street, I assume the stock will turn down again. It's a great opportunity to add to a short position, though.

Linda
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