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Biotech / Medical : Vivus, Why the Slide?

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To: Richard Singer who wrote (2789)7/19/1997 6:57:00 PM
From: Brian Pastor   of 3991
 
I have been in and out of vvus options these past few weeks - all on the call side. I only wish that i had bought the august 27.5 at the close of trading on friday because i think that mm were screwing with everyone. might see a dip mon or tuesday but then its back to the races -- all this company needs is one or two upgrades for the shorts to shake out some. on any significant dip - by the leap calls
also check out a company called PLNR - it has significant upside potential this week. earnings due out, heavily accumulated last week by institutions, has only 11 mil shares outstanding, great technology, 110 million in working capital on the b/s - very strong fundamentals with atl least 4/ share cash coverage. I'd highly recommend getting in - I did. BUT check out the fundamentals for yourself befoire investing - dont rely on my word
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