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

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To: Tokyo VD who wrote (6746)5/13/1999
From: VLAD   of 7041
 
Tokyo,

That was an excellent explanation but I still doubt that Claude gets it. This company has been nothing but smoke and mirrors in search for the holy grail. Any institution that really did their DD and still decided to buy into this story deserves what they get. By the end of this quarter no fund manager in their right frame of mind will want to show any ZONA in their portfolio as there is no sound scientific reason to believe any of the hype. I will bet the farm that the next year of hype will be the Vasomax approval in June of 1999 and this great story about Vasofem. This company is starting to sound like another Harvard Scientific--nothing but lip service.
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