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

To: Cosmo Daisey who wrote (2527)	2/25/1998 5:21:00 PM
From: Diamondcutter	Respond to of 7041

I can guess at their response. One is that the authorization does not necessarily mean they have repurchased any stock to date. Second, while a legit company would never admit to attempting a short squeeze (as this has questionable legality), a generic company would likely respond that based upon internal forecasts of future earnings, that investment in their stock is a good deal. It has little to do with current cash flows as long as a cash position is adequate to carry them until cash from operations is permanently positive (1999 under the optimists case??). Diamoncutter