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

To: Anaxagoras who wrote (820)	11/19/1997 5:46:00 PM
From: Jeff Briley	Read Replies (1) \| Respond to of 7041

I had no problem shorting 1000 shares this morning (500 at $32 3/8 and 500 at $32 5/8). There were a total of 1.25 million shares short as of October 1997. The stock ran up intra-day on Monday on expectations of the CEO on CNBC, although it came back for a close at almost unchanged for the day. I would think this may have "squeezed" some of the shorts out. Of course we may have added more over the last couple days. It seems that some of you have never heard of Asensio. He is getting more popular by the minute...lol. He has been on CNBC and I've watched him over the last few months. I stop in his web site (at www.asensio.com) to take a look every so often. What I've noticed is if he states something, he backs it up with hard facts. Do you really think Diana Corporation and Solv-X would have went down to almost nothing if Asensio was making the stuff up?? If he put a strong sell on Microsoft, it wouldn't budge it (at least not more than 5 points -- lol). This guy does hard research and states the facts. It broke all of its moving averages today and many can take nice profits on it they've made over the last year. The insiders are even selling ZONA. I just pose this question to all you longs: Why should I buy it tomorrow? I'm looking for sub-$20's shortly. Jeff