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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)
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To: Frostman who wrote (19403)3/9/1999 12:20:00 AM
From: VLAD  Read Replies (1) of 23519
 
Frost,

Just some food for thought:

On April 24th, Vivus will start losing its 52 week high of 14 1/4 after Wole's buy recommendation last year.

I believe that if Vivus can wrap up its domestic partner deal before April 24, 1999 we will be breaking to a new 52 week high and that long awaited "gap filling" will occur.

Vivus is now on everyone's radar screen, the day traders the momentum players and most important the institutions. As of last week Vivus had only 23% institutional ownership with 89 institutions holding Vivus stock. Certainly a far cry from the 60%+ institutional holdings of the past glory days.

I think all of us battered and worn long term holders finally sense a real change in sentiment.
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