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To: Rob Twilt who wrote (6568)3/8/1998 11:49:00 PM
From: Mama Bear  Respond to of 10836
 
ZONA, strong sell issued 11/18/97, stock at 34, now 20

From the ZONA thread 11/18/97:

>>>The shorts really had to resort to deperate measures to get covered this time.... not the first time I've seen false press releases released by companies that had no previous coverage of the stock.
All of the information in the press release was covered in the ZONA cc , and Asensio's version is vastly different from the cc.<<<

Message 2755001

From the ZONA thread 11/19/97:

>>>Similarly, the arguments made by Asensio are weak, contradictory and deceptive. For example, he contrasts Pfizer's spending approximately $400 million on developing Viagra with Zonagen paying $300,000 for the rights to phentolamine. He later chooses to mention Zonagen's accumulated losses of $41.4 million. Most of that was spent on developing Vasomax. Why not include that in his comparison? Probably because it was a fact that interfered with the conclusion he was trying to manipulate his readers into believing!<<<

Message 2763225

Next: The ERGB thread

Barb



To: Rob Twilt who wrote (6568)3/9/1998 12:05:00 AM
From: Mama Bear  Read Replies (1) | Respond to of 10836
 
ERGB, sell rec ~14, stock now 4 11/16

From the ERGB thread 9/30/97

>>> know one of the directors, Brown Glenn is not the type of person that commits fraud. Asensio has a very large short position that he is getting killed on. Stock is up from 6 to 14 in about 5 months.
Why is the stock going up ??? the Estimates are for 75 cents in 1998 and that has been raised to 95 cents with the Foniks writer. Asensio knocked the stock once and it tried to recover in 2 days so he hits it again on the last day of the Quarter. Trying to save some preformance in his hedg fund. which is probably been loosing$$ on the short side for a while.<<< He says, despite the triple digit returns.

Message 2321197

From the ERGB thread 9/30/97

>>> I am not saying that Asensio is making thing up, well maybe. What I am saying is that he is a short seller that is wrong and is using everything that he has to knock the stock price so he can cover.<<<

Message 2321534

Barb