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

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To: Mkilloran who wrote (19956)3/22/1999 1:48:00 PM
From: BigKNY3  Read Replies (1) of 23519
 
Mkilloran: <<Expect Wall Street Analyst upgrades in a few weeks with a good conf call>>

Mk: The analysts who follow VVUS have had a very poor record..... particularly Charlie O of PaineWebber. Anyone who followed his 7/7/98 VVUS upgrade has suffered much "Paine".

On 7/7/98 with VVUS @ 6 7/8, Charlie O of Paine Webber upgraded VVUS to buy from neutral because "scripts are starting to turn and the new plant was approved". Since that date VVUS has declined 45% and scripts have "turned down" by 20%. www3.techstocks.com

I am always concerned about following the advice of a broker such as Paine Webber who also serve as a market maker for a company.

BigKNY3
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