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


To: HVN who wrote (6261)3/12/1999 4:35:00 PM
From: Bob Trocchi  Read Replies (1) | Respond to of 7041
 
HVN...

Re: Vulture Capitalists

I agree that at times VC's can be called Vulture Capitalists. But what really confuses me in this case is why would ZONA need more VC money and its associated resulting dilution. Note you called this VC a Vulture Capitalist and they are the ones that really get some blood out of a company.

Looking at ZONA's cash in hand of $57M, (data taken from link below)

biz.yahoo.com

with SP planning to do all the manufacturing, and the expectation that they will sell zillions of Vasomax pills, why the heck would they need more $. If what you say is really true, I would plan to short more.

Good Luck

Bob T.