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


To: Linda Kaplan who wrote (5257)8/20/1998 12:21:00 AM
From: Nancy McKinney  Read Replies (1) | Respond to of 7041
 
Linda,
Thanks for the posts. I appreciate your opinion. I know it takes years for a new drug to go through all three phases, but I enjoy the risk, and do get excited (no pun intended)at the prospect of new wonder drugs that could help so many people, and I do like making $$$ after all. Still, my portfolio is saved right now only by my positions in some large caps, as I have the balance in small caps that are dead in the water. I rarely sell when one of them is at a dead low. I just hang in there, and of course, they usually come back at some point. I just hope Zona comes back a bit prior to news from FDA.
If FDA approves, what then? Price soars, or does the public now not have enough confidence in these ED drugs to buy the stock? Nancy