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


To: Bruce Rosen who wrote (6316)4/9/1999 7:21:00 AM
From: Linda Kaplan  Read Replies (1) | Respond to of 7041
 
You're making a lot of assumptions about the nature of the suit, why it was dismissed, what it means that it was dismissed. You're assuming it means that fraud on the part of the company cannot be proven. I really don't know that your assumptions have basis in fact, so until I see something factual, not based on assumptions, I'll have to withhold judgment. You simply "doubt" that the dismissal was related to stock price. You don't know anything.

It may be true that 70% of applications are approved that get this far; I don't question that. I simply think there's a better than 50% chance that Vasomax will be in the 30% group. And you think that it will be in the 70% group.

I agree there will be initial sales if approved. But so there were in Mexico, and then NONE. That's what I believe would happen if approved in the US, too: an initial flurry of sales, and then NONE.

Because it doesn't work.

Linda