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Biotech / Medical : Vivus: into single digits

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To: MIKE DUBIS who wrote (487)6/5/1998 5:05:00 PM
From: VLAD  Read Replies (1) of 1016
 
MIKE,

Don't follow my advise as bottom fishers load the boat and the short interest is gradually covered. I know our opinions differ greatly but FWIW, in my own technical analysis, I would be a buyer and not a short at any price below 10.

Your comment on the CEO saying self serving comments on CNBC Monday morning makes a great point. The problem over the past 6 months is that management hasn't had the sense to make any self serving statements when the company and product is falsely attacked.

I don't know how many shares you hold short but so far you have lost about $1,750.00 on every 1000 shares for not covering on Thursday. Since the sell off this week was due to "false perceptions", I believe we will see the 10's shortly after your buddy Leeland clears the air on Monday morning.
Like I told you yesterday, you can always cover and take a new short position later in the week if your heart is set on eventually seeing 5.

It may be a while before we see $15.00 again but if we ever break 6, I WILL EAT MY HAT. Hope you had a good weekend.

VLAD
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