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


To: Hank who wrote (3419)4/17/1998 12:33:00 PM
From: Dauntless  Respond to of 7041
 
Hank, it's amazing how picky you can be

My comment was one of several points intended to discredit Jay comparison of the Zonagen/Oppenheimer situation from that of Pharmaprint and whomever.

Technically, SGP is not yet liable for those milestone payments. However, assuming that the Vasomax story plays out as I expect it to, those payments WILL come due. I know, you don't think it will happen that way, so try this...

Take out the $47 million from my argument & it still makes the point. Zonagen, unlike Pharmaprint, is not desperate for cash & is unlikely to be raising any soon - so Jay's associated implication that Oppenheimer issued the rec in order to profit by participating in a fundraising was bogus - like I said, a cheap shot.

You're reaching pretty damn deep to find something to rail against.