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

To: Linda Kaplan who wrote (6437)	4/27/1999 12:33:00 AM
From: Bruce Rosen	Read Replies (2) \| Respond to of 7041

The ups and downs this stock is subject to never cease to amaze me. I'm no technical guru, but it seems to me that Zonagen is in a range of 15 on the downside and 25 on the upside. I have heard that Joe P. was in Europe last week. I thought this morning's buying might be related to that. Whatever the reason for the run up, when Zona hit 25, it started getting hammered. Maybe profit takers and shorts playing the trading range? It doesn't take much volume to move this stock. Of course, a trading range is only meaningful until it's broken, when a new paradigm is established. Good luck to all, Bruce