VVUS/soon to below 20 Message Board

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Biotech / Medical : VVUS/soon to below 20

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To: MIKE DUBIS who wrote (4)	12/8/1997 6:39:00 PM
From: Andrew H	of 40

Clearly, the price trend is down and much of the increase had been caused by the news/hype over Viagra. Of course the trend is always down until it starts moving sideways or up. While it is possible that VVUS will continue to trend down or sideways until "Viagra proves or disproves itself, IMO, it is not likely. Earnings continue to increase, approval in UK and probably before long in the rest of Europe and the new plant coming on line should all help the stock. Now about 10 times the coming year's earnings. Personally I don't have a position in the stock, but it looks pretty cheap to me here. Are you short?

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