Zonagen (zona) - good buy? Message Board

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

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To: McNabb Brothers who wrote (5708)	9/28/1998 1:16:00 PM
From: Linda Kaplan	Read Replies (2) of 7041

Hank, According to your thinking, when does the next leg down, start and end? The last several trades on ZONA have been at 15-1/4 which is in keeping with our read of the candles for today, so far. I thought 13 to 10 would be the next stop today or tomorrow if the candles are correct. No reason why we can't overshoot to 8, though. The market itself is starting to weaken, now. Now, more than half the gain based on the acceptance of the application itself, has been lost, and the downtrend is likely to continue, IMO. I wonder why Nancy didn't answer my serious question about the implications of a serious decline in Mexico sales? Do you think she is on vacation? Linda

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