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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Jim Roof who wrote (349)	3/12/1998 3:31:00 PM
From: Hank	Read Replies (1) \| Respond to of 4634

You told me about ZITL? Get a grip. I've been recommending against shorting ZITL and I am not currently short ZITL. ZONA is different. I won't bother to repeat why, since you have all the answers. By indiscriminate, I mean most stocks I follow both good and bad. Don't put words in my mouth.

To: Jim Roof who wrote (349)	3/12/1998 3:32:00 PM
From: Bill Wexler	Read Replies (2) \| Respond to of 4634

It's foolish to try to predict prices based on "technical analysis". ZONA is a good short at 21. It's also a good short at 31, and it's also a good short at 11. The reason being that Zonagen is not worth 5 a share. In time, Zonagen will trade in the low single digits. I laugh whenever my "fans" squeal with delight every time a stock price moves against me in the short term. I would be more impressed if you could demonstrate that the fundamentals of a business I felt was crappy suddenly got better for reasons I didn't expect. If you want to gamble, go to a racetrack.