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Biotech / Medical : Vivus: into single digits

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To: Bradpalm1 who wrote (796)8/14/1998 3:55:00 PM
From: VLAD  Read Replies (1) of 1016
 
<<Why did you even consider to go short then?>>

Brad,

Mentality based purely on emotions.

I was totally appauled by Vivus' IR total lack of consideration towards the investor. When I felt as though I could do a 100x better job than Vivus in keeping investors abreast of what the hell is going on (I'm not talking spin doctoring now, and I am not trained nor educated to do this sort of job) my mind said vivus DESERVES to have a large short position. After recently briefly speaking to the CFO and being treated like a piece of shit I knew that the company hasn't a clue as to how to treat its investors.

The share holders own the company and if the management realized that their own share holdings in the company is dependent on how they treat not only the institutions but also the individuals then they deserve what they have now. If they treat the fund managers the same then there is no wonder that the stock is almost now at book value.

I could get a gal off the street with a pleasant attitude trained in one day how to treat the investors calling in to feel respected.

The stock market has a lot of emotion behind it and if the investor's emotions are ignored they become even more negative.

Ask anyone who goes to a dentist, doctor, lawyer, shopkeeper etc and is not made to feel welcome. Most don't snap back and speak their mind. They simply don't come back for future service. So as with Vivus I am sure that many shareholders were lost because they were treated like shit. They simply sold their shares and put their money behind another company that shows their shareholders a bit of respect.
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