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

To: Mama Bear who wrote (987)	12/15/1997 12:28:00 PM
From: Michael Bidder	Read Replies (2) \| Respond to of 7041

Don't wait to get on you might miss the train. I wonder if Zonagine managed to get any? Can a company short their own stock? A good rule of thumb to use when shorting a fastmover like this one. Sooner is better than later. If its above your precieved value then it is probably above the precieved value of others as well. If a company is buying back stock can the insiders still sell. Isn't that like laundering stockholders money into their pockets.

To: Mama Bear who wrote (987)	12/15/1997 2:06:00 PM
From: Bill Wexler	Read Replies (1) \| Respond to of 7041

Did you notice that they re-released the news of the stock buyback this morning? LOL!!! The board memebers must be a bunch of masochists! This one is going to be even more fun to watch than the Zitel collapse. I recall that Zitel always had at least 30% of the float short at any one time, so whenever the shills released another bit of non-news, the stock would always manage to burp up 5 or 6 points before dropping again to a new low. Made for a great, steady short the whole year. With the low short interest on Zona, they're REALLY gonna have to crank up the hype factory!