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

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To: Colby who wrote (8647)5/28/1998 10:38:00 PM
From: Frostman  Read Replies (1) of 23519
 
Colby, Yes, like Richard said, Great post!
<<This stock has always had a tremendous short position and will for some time, unless Viagra falls fo the planet. The company has a lot to prove and until it does, I am not expecting any drastic changes in the
short position.>>

A lot to prove for sure. Perhaps the FDA approval won't provide much proof, or a nice pop, in and of itself. A friend reminded me tonight that in one of the many recent Viagra articles, Vivus was mentioned as being a strong upgrade candidate when the FDA approval is announced. Long-money already believes the script numbers will be rewarding as the ED market continues to grow and is sorted out. Even with the goofy low volume today, Worden's service indicates that VVUS is under heavy accumulation with folks buying and holding. So, the stage is set.

We've been living in the shadow of the "short position" for so long without the big squeeze, I've become immune to the concept. Big deal.

Frostman
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