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Biotech / Medical : Vivus, Why the Slide?

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To: Mark R who wrote (3425)9/17/1997 8:02:00 AM
From: RT   of 3991
 
<Fully valued target 53>

<I don't think 31 will prove to be much resistance between now and Oct.9>

Mark,

I agree, VVUS @ $53 would be appropriate if we get another earnings blowout. I predict that $100 is possible by 12/98 .

As for your prediction that 31 shouldn't be much resistance between now and Oct 9. I also agree.

I predict 31 will be surpassed today. The momentum I saw at the close yesterday would indicate a strong follow thru today.

With Vivus making up lost ground from its premature demise I would not be surprised if we see 32+ today.

Hungry For Bear (Shorts)

RT
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