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Biotech / Medical : Vivus, Why the Slide?

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To: RT who wrote (3422)9/17/1997 10:31:00 PM
From: Tunica Albuginea   of 3991
 
Richard,Re: "

With the Vinik Group being the largest shareholder in Vivus I assume
they will be seeking representation on the board.

With their commitment to attain capital appreciation this can only drive this stock up.
If nothing else they will be one loud voice pressuring management to
produce big fat numbers for us teeny weeny investors. ".

I agree with you Richard. Vinick is not a trader.People knew he'd bought Hutchinson Technology semiconductor when it was 37. He sold it at ~ 110 after the 3 for 1 split !!

ALSO, if somebody shorts Vivus tomorrow, don't you think that Vinick
is going to protect his investment and buy it on way down? After all that is what he's been doing since July: started buying at 30 and bought down to 27.

I can see the headlines:

" Vinick takes on Vivus shorts!! ". Hordes of small investors run to his support!!.... .... Read all about it!!!...

TA
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