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Strategies & Market Trends : Lizard King's Trading Swamp

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To: LzzrdKing who wrote (50)7/9/1997 7:50:00 PM
From: Michael Young   of 7396
 
VVUS just reported an absolute blow out quarter. First Call consensus was .17 and most of the bulls were hoping for .20.

They reported .28 after the close. Sales of Muse were up 20% sequentially. Demand remands very strong and the company is limited only by lack of production capacity.

Over the half the float is short. The shorts sounded scared on the conference call. There is a good chance they are going to get killed over the next few weeks.

MIKE
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