Vivus, Why the Slide? Message Board

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Biotech / Medical : Vivus, Why the Slide?

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To: KELLIS who wrote (3233)	8/30/1997 1:41:00 PM
From: Tokyo VD	of 3991

I don't know the specifics. Management is headed to Boston and New York this week after Denver last week. Lee Wilson is on the road with Nina. They are playing the news close to the vest, but indicate that it is significant. I've been hearing this from institutional holders invested in the stock (remember, Tudor Fund is in Boston and is one of the biggest holders, no. 3 I believe). My guess is that it is either U.K. approval or the achievement of getting its own ICD-9 code for the product. This may make insurance approval easier. Unfortunately, I've also been told that the NJ plant has not been reinspected. This doesn't bode well for the timeliness of scheduling the inspection of the additional lines. This is all I know. Best of luck. Remember, there are no short term negatives in the stock so most likely it will draft upwards with the other small cap stocks... Good luck to all.

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