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Biotech / Medical : Vivus, Why the Slide?

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To: KELLIS who wrote (3342)9/10/1997 2:44:00 PM
From: Brian Malloy   of 3991
 
All I know is that when I get options I prefer to have them in a month in which earnings will be announced, I believe that it helps to keep the MM a little more honest. Unless there is some big news story I don't expect VVUS to move much till it reports earnings on 8 October. If earnings are good then Oct 30 calls should not expire worthless. As for next week's expiration, my crystal ball has no answer.
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