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

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To: VLAD who wrote (18642)2/10/1999 2:23:00 PM
From: Mark A. Stang  Read Replies (1) of 23519
 
Vlad:

I firmly believe that VVUS will close 1999 either at 1 or 10+. Because I think the latter number is more likely (even if they were equally probable, then the expected value of VVUS would still be greater than 2 1/2), I am going to stay long through the miserable share price stagnation (and possible decline) we will suffer until this deal gets done. Because I don't know when the deal will be done and announced, and don't want to get caught trying to buy into the ensuing run-up, I'm resigned to a buy and hold strategy.

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