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Biotech / Medical : Zonagen (zona) - good buy? -- Ignore unavailable to you. Want to Upgrade?


To: Hank who wrote (6977)9/4/1999 1:20:00 PM
From: BAD BILLY  Read Replies (2) | Respond to of 7041
 
Zona has approx 45-48 million in cash. That in itself is a good reason for a take over. On the other hand if Zona were to buy back some of its stock it would cause the shorts to cover, approx 3 million shorts out there. Who knows what will happen? Anyone else think a buy back will help the price?