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

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To: DR. BOND who wrote (5977)3/19/1998 8:24:00 AM
From: VLAD  Read Replies (1) of 23519
 
DR BOND Good to know you had enough cash to survive the PRST squeeze! Boy, you were actually $1,289,000.00 in the hole when PRST hit 200 (and I thought my vivus position was giving me chest pains). I'm sure many investors/speculators were unable to afford to tolerate such "paper loses" due to margin calls which couldn't be covered or due to sheer mental panic. The only sense I can make on this vvus situation is that many short positions are hedged against the box along with outright shorts who have an agenda to keep vivus down--but you would think that short only interests would cover by now and go elsewhere (God only knows there are so many high flyers out there that can generate much better returns in the near future for a hedge fund). I wouldn't be suprised if some deep pockets don't force a squeeze in the near future. With vivuses relatively small float I would think that whoever initiates a squeeze can make some very serious money on vivus. I have to go--I'll email you later. Thanks for responding.
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