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


To: Claud B who wrote (1693)1/15/1998 12:41:00 AM
From: Michael Bidder  Respond to of 7041
 
Common sense

There are several compelling reasons to speculate that the stock will continue to fall:

1 No sellable product.

2 Huge losses per share ($2.65)

3 Management charged with fraud.

For every Bre-X there are 1,000 zonas. In fact statistically this company has only a very small chance to ever return a profit and a microscopic chance of becoming a $40 value.

I feel quit confident that my short investment will increase in value as the management of this company defends themselves in court against the charges of patent fraud.

-Michael