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

To: Cosmo Daisey who wrote (1682)	1/14/1998 11:30:00 AM
From: Anaxagoras	Read Replies (2) \| Respond to of 7041

<<The reason for this is twofold, its gives inexperienced investors hope and creates a market where the insiders can sell off some stock. >> Your point is well taken, in general- however, insiders aren't selling, and haven't for at least the past three months (according to the data accessed at insidertrader.com -corrections welcomed). Of course you might reply they haven't yet, to which I respond of course they will sell some day, but the point is that they weren't selling at the logical time, i.e. when the stock was clearly overvalued in the $40s, and so I think it rather improbable that they would be engaged in gross manipulation by using company proceeds to raise the price to unload into. Highly doubtful. Your move. :-) Anaxagoras