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

To: Bill Wexler who wrote (2811)	3/18/1998 4:48:00 PM
From: Arthur Radley	Respond to of 7041

Bill, Thanks for your explanation in the last post. I knew such trading happened but have never had it explained so clearly. BTW, the local paper carried a statement from ZONA today, in which you might interpret as follows: We are going to take a dose of Vasomax(sp) and "stand firm" and take a "hard stand" against these frivolous lawsuits. IMO this will be the ultimate validation of Vasomax or the classic "down fall" for those long this stock. Well! I guess the FDA could have a part of this validation, also.

To: Bill Wexler who wrote (2811)	3/18/1998 5:07:00 PM
From: drsvelte	Respond to of 7041

<<"and shares suddenly become unavailable">> I tried to short more Zona about two weeks ago, but DLJ could not find any shares. This occurred at about the start of the rise. Rebuffed, I shorted more ZITL! drsvelte

To: Bill Wexler who wrote (2811)	3/18/1998 6:30:00 PM
From: Claud B	Read Replies (2) \| Respond to of 7041

I thought 75% of the trading was between MMs? Claud

To: Bill Wexler who wrote (2811)	3/18/1998 6:34:00 PM
From: Linda Kaplan	Read Replies (1) \| Respond to of 7041

Bill, Thanks for the good explanation. I don't know if that is happening here, but I do understand the concept. Coincidentally, I was joking on another thread yesterday, that those few of us who own the stock could each buy 100 shares and we could cause the price of the stock to double. This stock has a very small float, smaller than ZONA's. As I joked about this I realized there probably was a way to do it and that it might be illegal. Is it illegal? I don't think that is happening here, or maybe that is not the only thing happening here. You can tell from Claud's innuendoes that there are rumors being circulated of something positive in the wings for this company. I think those rumors may be driving the stock price, whether they are true or not. Linda