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Biotech / Medical : Vivus, Why the Slide?
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To: Tim Gardner who wrote (3708)9/22/1997 12:47:00 AM
From: DDS-OMS   of 3991
 
Tim,

What you say is true IF VVUS performs as you expect--but no one knows that. A year and a half ago I had 4K shares of JBIL bought 2K at ~12 and another 2K when it broke to 7-8 when they lost a big contract. Sold at 17 last fall for a good profit, but the stock has split 2 for 1 since and is now ~59. If held, an original investment of $40K 18-20 months ago would be worth $427K now. Would've, could've, should've is a waste of time, you do the best you can with the knowledge you have at the time you make your decision. My weakness is that I get bored too easily--if a stock doesn't move in a few weeks, I move on. Low commissions makes that too easy.

Regards,
Gary
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