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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)
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To: VLAD who wrote (18659)2/11/1999 1:41:00 PM
From: Greg22  Read Replies (3) of 23519
 
VLAD,

What do you think about the idea of a reverse split; say 2 for 1. This would have the effect of reducing the float to 16 million and should increase stock price to over 5. The stock would then become marginable, allowing us vivus bulls to increase our long positions if we so desired, when the time is right. It would also allow some institutions to purchase, and would change the image of Vivus as being a $2 stock. It would improve the balance sheet of Vivus, since they repurchased 2 million shares.
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