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


To: Hank who wrote (5391)8/27/1998 11:09:00 PM
From: Linda Kaplan  Respond to of 7041
 
Well, where's that lady I advised to sell her long position when the stock was 19? People shouldn't cover their short position in the middle of a strong downside move in the market, unless they have to or feel the stock is an exception for some reason. People will get margin calls tomorrow so they may have covered some of their ZONA short to pay for that. I think that accounts for the blip up at the end of the trading day, but ZONA was down at 16 to 16-14 almost the whole day. Might go through 16 any day now, and then, look out below.

Linda



To: Hank who wrote (5391)8/28/1998 5:53:00 AM
From: Linda Kaplan  Respond to of 7041
 
Headline: Viagra To Go On Sale in Australia

======================================================================
CANBERRA, Australia (AP) - The impotence drug Viagra has been
approved for local sale in Australia and is expected to be
available within weeks, the government announced Thursday.
Health Minister Michael Wooldridge said the drug had been
assessed and approved by the government's drug evaluation
committee. It will carry a label warning the drug should not be
taken with drugs containing nitrates.
In the United States, a warning label mandated by the Food and
Drug Administration says Viagra should not be used by heart
patients who are taking nitroglycerin or other nitrate drugs. The
combination can cause a sudden, and possibly lethal, drop in blood
pressure.
There have been at least 69 deaths among Viagra users in the
United States, but the cause of death is not known for some
patients, and key medical information is missing for some others.
The drug, produced by New York-based Pfizer Inc., may be on the
shelves in Australia within weeks, Wooldridge said.
He said the government had fast-tracked the approval process to
ensure a black market or Internet market in the drug didn't
develop. Wooldridge warned against its abuse.
''It's not a recreational drug, it's serious medication,'' he
said. ''It should be used under medical supervision ... it's not
something you pop before a night out.''