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

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To: Tim Gardner who wrote (9338)6/8/1998 5:14:00 PM
From: VLAD  Read Replies (1) of 23519
 
Tim,

The little fish no longer will effect the price of Vivus. Those that are out are out. The price will now be based on institutional buying coupled by day traders and short covering. Those seriously looking to buy have waited for 2 things to happen: 1)the script numbers stop declining and go up (which has now happened) and 2)the stock price quits going down. Based on these parameters, I expect buyers to come in some time tomorrow. If the price goes down in the morning they will wait until the afternoon to buy. If the price does not go down, they will start buying in the morning.

IMO the worse ended last Thursday and better days are ahead.
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