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

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To: E'Lane who wrote (10545)7/6/1998 4:43:00 PM
From: EyeDrMike  Read Replies (1) of 23519
 
Today's action, to me, represented short covering into the CC;

Shorts who do not want to risk getting caught with their pants down going into the conference call. The trend up should continue tomorrow and wednesday. Need strong forward looking statements at the CC to continue the uptrend. Some new country approvals wouldn't hurt either.

Anyone wanna guess how long before panic selling takes place in PFE?? 7th straight week of declining scripts. Seems to me they conveniently forget that Viagra is the reason for the PE of 50+.

Mike
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