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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (29528)1/20/2000 5:52:00 PM
From: AlienTech  Respond to of 43080
 
All the old guys must be out in force these days..

MOUNTAIN VIEW, Calif., Jan 20 (Reuters) - Vivus Inc
., developer of drugs to treat sexual dysfunction, on
Thursday said it expects fourth-quarter earnings of between 40
and 42 cents per share, significantly above Wall Street's
projections.
Analysts had expected the company to lose 5 cents per share,
according to First Call/Thomson Financial.
The increase is primarily due to additional revenues
recorded as part of the resolution of financial obligations
related to the return to Vivus of marketing and distribution
rights for MUSE (alprostadil) -- a treatment for impotence --
from Swedish drug group AstraZeneca Plc,
The company is expected to report quarterly and year-end
financial results on January 26.
((Ilaina Jonas, New York Newsdesk, 212-859-1676))
REUTERS
Rtr 06:36 01-20-00



To: LastShadow who wrote (29528)1/20/2000 6:31:00 PM
From: Redhook  Read Replies (1) | Respond to of 43080
 
It looks like a cup and handle from 1/1 to 1/20....1/1 around 42 dips down to low 30's and by Jan 13 creates cup back to 42...then the past 5 days has been steady around 40....looks like a C&H to me...or is this time frame too short?

The chart still looks good anyway you look at it AND
Earnings on BWEB next wednesday can possibly send it over $50