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


To: Dauntless who wrote (5969)11/25/1998 7:45:00 PM
From: Bill Wexler  Read Replies (3) | Respond to of 7041
 
The Zonagen fraud will eventually, and inevitably trade in the low single digits.

The reason there were no royalties from Mexico, quite simply, is because there were no significant sales in Mexico. This is not surprising, since there is no evidence that oral Phentolamine is effective for ED. Zonagen is closely associated to another Texas Biotechnology fraud: TXB. I correctly predicted that the FDA would reject TXB's drug candidate, Novastan and shorted the stock. Clueless was (and unbelievably still is) a big promoter of the stock:

Message 4374979
Message 4413217

Message 6564984

There is zero doubt that the FDA will reject the fraudulent "Vasomax" as well, sending the stock into the gutter. However, I caution short-sellers that the company has a long history of fraud and stock-manipuilation through false and misleading press releases. I have no doubt that hours or even minutes after FDA rejection, Zonagen will issue a press release stating that they intend to "refile"...following the same pattern as their partner in crime, TXB.

The Viagra news has absolutely no bearing on Zonagen. Viagra is a legitimate drug from a legitimate company. Vasomax is a worthless generic drug from a company run by crooked, filthy, lying bastards.



To: Dauntless who wrote (5969)11/26/1998 10:28:00 AM
From: Dauntless  Read Replies (1) | Respond to of 7041
 
Thread - Just Facts

I have not responded to Mr. Wexler's posts for a very long time
because they never change - even when the facts do - he lives in his
own world. However, in the spirit of the holiday - and because I
finally have some time - I thought some members of the thread would
like to examine certain aspects of Mr. Wexler's performance.

On Feb 18, 1998 Mr. Wexler started his own thread - "Bill Wexler's
Prophets of Doom". Here is a link to take you there so you can read
his opening message.

He identified six "can't miss" LONG TERM shorts and even created his
own "index" to measure over all performance. There is absolutely no
indication of any of these stocks being temporarily overvalued on a
run-up. According to Mr. Wexler, these shares were hopelessly
overvalued & had no where to go but down.

Here is a portion of his thread's starting post (my emphasis):

<<I consider all of these "long term" shorts, i.e. I don't trade
them in or out, but I will add to positions on runups.
Discussion
on this thread should be limited to the stocks in the model
portfolio. The model portfolio performance will be guaged by the DOOM
INDEX (tm). The DOOM INDEX is the average of the sum total of $1000
worth of each stock on 2/18/97. For the sake of simplicity, I'm
throwing out the fractional portions of each stock price and kicking
off the DOOM INDEX at a nice round 1000 ($6000/6). The object will be
to get the index as close to 0 as possible.>>
============================================================

Here are his six picks with starting prices, predicted long term
price and yesterday's closing price.

SYM 2/18 PRED. 11/25

ATHM 29 <5 64.9375
BTIM 17 <1 15.8125
TCOMA 30 <15 42.0000
TRBO 10 <2 8.875
ZITL 12 <1 3.6875
ZONA 21 <2 19.625

Mr. Wexler's starting index = 1,000
Index value at 11/25 close = 1,127.8

Had you invested $1,000 in each of Mr. Wexler's DOOMED stocks, you
would have an 11.2% gain in 9 months. And this is a portfolio of
companies so flawed, so misdirected, so fraudulent that there was NO
CHANCE for success.

I have no interest in any dialog with Mr. Wexler beyond this factual
review. I have avoided any personal opinions or attacks. I would
like to refer back, however, to one prophetic sentence from Mr.
Wexler's own words pasted above...

<<The object will be to get the index as close to 0 as possible.>>

How does an individual investor "get" a stock price index to zero??

Thanks for paying attention -

Happy Thanksgiving to all - including Mr. Wexler



To: Dauntless who wrote (5969)11/30/1998 1:55:00 PM
From: Tokyo VD  Read Replies (1) | Respond to of 7041
 
Dauntless,

I'm going to "lighten" up and agree with you on the non-sense regarding the "these guys are going to jail" mentality that a crowd of folks taunted in step with the newswire releases.

As for the sales conjecture and our exchange, I only brought it to light because the lack of royalties was not expected. In that vein, it seemed that there was a "spin" that made little sense, so I posted my notes to provide clarity. Throughout SI, I have posted negative posts (although you will clearly see when fundamentals change, I'm willing to post positive notes).

As you and I both agree, little of what is written here ever amounts to a hill of beans.

Hope you had a nice Thanksgiving.

Tokyo