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


To: Claud B who wrote (2142)1/29/1998 8:58:00 PM
From: Cacaito  Read Replies (1) | Respond to of 7041
 
Note of Caution: ORG recommended for approval despite lots of charges against their technology and their deals. Novartis had access to the data (like Schering ?), but the public did not. Novartis put $ millions, the shorts will be in trouble tomorrow. Sturza made great arguments against the approval (he shorted well with Lipo)but maybe not this one.

CORR was a darling of analysts, 11,000 patients ( but only a small 1.5% difference in the clinical trial) FDA approval with severe restrictions, even the dose was lowered.

Drugs an biotechs (plus/minus FDA) could fool the sharpest.

BigKNY3, maybe phantolamine gets approved and the "blue" halo drug does not. Maybe Asencio is wrong (he likes the "blue" vision business drug).



To: Claud B who wrote (2142)1/31/1998 1:12:00 PM
From: Tunica Albuginea  Respond to of 7041
 
Claud B: " . The buyback is because the company feels it is the best investment they can make with excess cash ".
I agree with you 100% that was the best use for their cash.Without
this incestuous cash infusion the stock price now would have been $ 2.
All in my humble opinion.
TA