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


To: VLAD who wrote (6537)5/10/1999 10:52:00 AM
From: Linda Kaplan  Read Replies (1) | Respond to of 7041
 
The conference call will be replayed starting at 11:30AM. They only allowed 25 minutes for questions, but one of our esteemed thread members who works for a brokerage firm, got to ask a question with a positive spin on it. LOL! I understand that someone pointed out that stock buyback was already authorized and asked if they were going to use this opportunity for the company to buy back stock. Joe said he had better uses for their cash!!!! Wow. No kidding. Who wouldn't have a better use for their cash than buying ZONA?

I'm sure the longs will try to shore up the stock price so they can sell in double digits, but my sense of it, FWIW, is that we'll be in low single digits this week.

Linda