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

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To: Hank who wrote (6199)2/16/1999 1:53:00 PM
From: Linda Kaplan  Read Replies (2) of 7041
 
Turns out that one of the releases indicated that sales for Mexico this quarter were minus 4,000. So the first quarter there were sales, they sold 167,170 units, claiming they were just starting out and would build up stronger. The second quarter there were sales to Mexico there were zero additional sales and the third quarter, the one just reported, that there were sales to Mexico, there were MINUS 4,000. That means there were returns of 4,000 and that for all three quarters there were only 163,170 units sold. No sales for the second quarter in a row, they stuffed the channel in the first quarter and may be riding on those initial sales forever.

Whoever has been saying that sales in Mexico are "great" was lying or mistaken.

Linda
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