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

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To: Dauntless who wrote (5461)9/4/1998 2:10:00 AM
From: Bill Wexler  Read Replies (1) of 7041
 
The Zonagen (ZONA)/Texas Biotech (TXB) circle jerk.

David McWilliams, president of a bizarre, worthless company called Texas Biotechnology Corporation (TXB), sits on Zonagen's board.

It is extremely interesting to note that TXB's capitalization structure has amazing parallels to Zonagen. Just like Zonagen's fortuitous deal with Scering-plough, TXB also has a licensing deal with a reputable firm - SmithKline, who also happens to be an early investor.

sec.yahoo.com

We all know that fine companies like ZONA and TXB are more concerned with advancing modern medicine than lining their pockets. We can rest assured that they wouldn't resort to dealing with Wall Street bottom feeders......right?

worth.com
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