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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)

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To: RT who wrote (701)10/7/1997 5:10:00 PM
From: Mark A. Stang   of 23519
 
Reality Check:

VVUS is fairly priced, based upon historical performance and estimates. It will be fairly priced higher after tomorrow's earnings and new coverage/recommendations following the road show. Maybe VVUS dipped at the close because some naive shareholders unrealistically expected some news before the close from the first road stop.

Nervous nellies are profit-taking. These unfortunate folks will never know what it means to take home a double-bagger, let alone a higher multiple.

The shorts are in a state of denial. They've seen VVUS drop from 40+ to low 20's before, they NEED it to happen again, therefore believe it
WILL happen. By the time they wake up to reality they will be "boiling" mad.
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