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

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To: Joe Reich who wrote (19715)3/13/1999 4:09:00 PM
From: VLAD  Read Replies (1) of 23519
 
Joe,

I think it all depends on a few things:

1)How much do you believe in the product(s)
2)What is going to be Vivus' future relation with a big pharma in the USA/Japan?
3)How much control will Leland have AFTER a domestic agreement is reached.

I think those who were totally fed up sold on the way down or sold on the pop this week.

I believe that those who really believe in the longer term potential should just hold for at least a year.

IMO those who have had a lot of money tied up in Vivus with a paper loss for the longest time but refuse to take a loss and are relatively sick of Vivus but still believe in the product should seriously consider selling about 1/3 of their position when the price hits their BE point and then another 1/3 when they see a little profit. They can let the last 1/3 ride.

Of course they will be pissed if the sucker ends up running back up into the 1997 trading range.

There are a lot of people here holding anywhere from 15,000 to 120,000 shares(that I know anyway). That's a lot of profit to miss out on for every point it rises above their cost basis.

VLAD

PS You guys holding the 6 figure share numbers are going to be expected to have the Vivus victory party at your new mansions!
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