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

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To: VLAD who wrote (6703)5/12/1999 2:01:00 PM
From: Linda Kaplan  Read Replies (1) of 7041
 
Who will support this stock? I guess people who are conned into believing that SGP will pull off an approval in a year or two? There's nothing coming up sooner that can help the stock. They had no sales in Mexico even though they got approval there. What is going to help the stock? Approvals in other countries don't help it, no approval is coming in the US, probably EVER, but certainly not for a year or two if then. With stocks that are tripling in a year all over the place, why get stuck in ZONA on a poor bet?

I believe the current move is a dead cat bounce. Hope so. It's nice! Wheeee! I feel like I'm on a trampoline.

Linda
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