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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Ploni who wrote (8558)	5/7/1998 11:37:00 PM
From: Oeconomicus	Respond to of 18691

Charles, (I assume that rate was from one of Joey's Japan news links) who wants to motivate the Japanese to save? They need to get them to spend. But, savers they are and who knows, maybe they will see lower rates and think they need to save even more since they won't accumulate enough for retirement just from compounding of interest. Hmm. Bob

To: Ploni who wrote (8558)	5/8/1998 12:04:00 AM
From: Joey Two-Cents	Respond to of 18691

<What is the motivation to save? Or, at least, what is the motivation to save money in bank accounts, as opposed to putting the money in a safe-deposit box, safe, mattress, buried in the back yard, invested in gold bullion, stocks, bonds, real-estate, etc?> Charles, thus the dilema. Japans economy is desperate and money is leaving because of the 4/1/98 big bang going into higher yielding treasuries and stocks. Japan can't stimulate the economy with lower rates and they can't cut taxes (debt is 1.5GDP)without increasing the national debt and causing rates to rise. They can't increase exports to make up the difference because a lower Yen (150 which I think we'll see by Sept)will rock the other Asian economies (who owe Japan Billions). IMO Japan is where the US was in the 30's except the have a large amount of savings that have kept them going this long. It's ironic that the Slickster who passed the largest tax increase in US history is telling Japan to cut their taxes to stimulate their economy.

To: Ploni who wrote (8558)	5/8/1998 2:31:00 AM
From: Bill Wexler	Read Replies (2) \| Respond to of 18691

Taking a more proactive role against the Zonagen fraud. Zonagen is a fraudulent scheme to separate investors from their money by claiming that they have a medication for ED. This medication, named Vasomax is simply an oral form of Phentolamine. Phentolamine when mixed with other drugs (such as Papaverine) and injected directly into the penis, has been used for treating some forms of ED. Phentolamine alone does not work. There is absolutely no scientific evidence which supports Zonagen's claims that oral phentolamine is safe and effective. Zonagen's own clinical trials have produced dubious results...furthermore, the company has delayed its NDA filing. Zonagen is now the subject of numerous lawsuits. Zonagen is accused of pulling similar scams in the past. Most notably by trying to pass off a drug named "Immumax" as their own, when it was really a copy of an existing drug named "Chitosan". Joe Podolski, Zonagen's CEO has lied on numerous occasions. Most recently, he lied in an interview with IBD when he overstated the efficacy rate for Vasomax. Zonagen's stock has a large short position and it has recently been squeezed as a result of fraudulent promotion and excitement generated by Pfizer's real, and effective ED drug Viagra. I believe that it's time we took a more proactive approach to exposing this company for what it really is. Any comments/suggestions?