Zonagen (zona) - good buy? Message Board

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

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To: Hank who wrote (5937)	11/4/1998 9:38:00 PM
From: xcr600	Read Replies (1) of 7041

<< Everybody keeps screaming about the bull market being back and even Wexler is warning people not to short now, regardless of the stock. I've got a real uneasy feeling about things. >> Hank, I couldn't agree more. Unfortunately, my limit covers were never hit for ZONA and now I've let it ride. Probably a mistake short term. This rise in the mkt all started w/ the unexpected 1/4pt cut. Did that simple move solve all the world's ills? I find it hard to believe. Had the fed made the original cut 1/2pt instead of a 1/4, would the market have rallied this much? It seems to me that everyone thinks 10k is the next stop, without so much as a hic-up. I'm underwater on some shorts, and have been covering the other ones I'm ahead. ZONA may be moving prior to earnings next week. Maybe those Mexican sales are up???

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