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

To: Hank who wrote (4418)	6/3/1998 3:58:00 PM
From: biodoc	Read Replies (1) \| Respond to of 7041

Well, it just confirms my suspicions about this stock which I first found on the profits of doom thread. I didn't expect it to happen so fast, so I bought puts with later expiration dates than I needed. They hadn't given up on pumping it as recently as yesterday. The FOX 10PM news program had a puff piece about the wonderful new ED drug with no side effects--which looked like it had been put together by the company's PR dept.

To: Hank who wrote (4418)	6/5/1998 4:24:00 PM
From: Lazlo Pierce	Read Replies (1) \| Respond to of 7041

Part of a story in thestreet.com on getting the drugs in Mexico has this little blurb. *************************** .....We started slow. And very quickly we found out es muy facil to buy Viagra in Tijuana. No prescription necessary. Hey, no approval necessary either. (It was approved in Mexico late last week, but hasn't been launched.) The first drug store, Farmacia Victor, told us they would have it "Manana," that overused word in Latin America that can mean anything from later to not if you were the last customer on earth. This time the answer seemed closer to the former meaning. We were told the pills would cost us 90 pesos, or about 20 bucks each. Griffin prodded me to ask about Zetamax, the Mexican name for Zonagen's Vasomax, which was approved last week and supposed to be in stores by now. "Manana," we were assured. The pharmacist showed us a marketing flier that indicated they were going to offer a "Buy One, Get Three Free" Z-Max pill sale. They were selling the Max for 10 bucks a pill. Griffin had to have that sheet. "Can you believe this? It's baaad to give away your drug just as you launch it," the short-seller said gleefully, betraying an urgency that revealed the pain the Zonagen shorts have felt in recent weeks.....