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Biotech / Medical : Vivus, Why the Slide?

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To: ChinuSFO who wrote (3391)9/15/1997 6:03:00 PM
From: DR. BOND   of 3991
 
I agree the stock has been unable to hold a break through 30
but that will be short lived. As for Vinick alot of his buying occured at higher prices in late July and early August only to see the stock fall back to 23 1/4 in mid-August. My sources tell me he is a strong buyer here and is looking for 50 near term.

As for the company's announced stock buyback program, I understand that they are only buying stock on extreme dips and 30 to 27 is not an extreme dip.

Thats all for now!!!!!!!!!!!!

Dr. Bond

P.S. Frostman call me!! Also sorry for my typing skills.
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