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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)
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To: LoLoLoLita who wrote (4258)1/4/1998 12:30:00 AM
From: LoLoLoLita  Read Replies (1) of 23519
 
Any securities lawyers out there?

Here is a scenario. A hedge fund has 4.9% of VVUS (1.6 M shares)
and out of the blue announces a takeover bid, triggering a
mad rush of a short squeeze, and this starts up the Shareholder
Rights Plan distribution of that special preferred or some such
(which, BTW goes to the hedge fund for its 1.6 M shares). Then
the hedge fund for some legal reason retracts its offer. And
then the hedge fund sells its shares on the open market.

Comments? <THIS IS ALL PURE SPECULATION!> But it seems less
farfetched than some of the posts here wondering if maybe this
is all a big scam, and maybe they didn't have sales of $100 M
after all, and maybe the Paco factory is just a fiction.
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