Well Everybody!
I covered my VVUS CCs today since I believe the storm is over and we should be getting back to normal. Here is the Vinik profit taking which knocked VVUS from $41 to $24 is a very short three weeks. Who knows if Vinik will come back for seconds? Maybe he can move VVUS back up to $45.00? Otherwise, he can go elsewhere!
The following from the SEC 13D filing dated Nov. 4, 1997
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
DATED: November 4, 1997 /s/ Jeffrey N. Vinik,
. JEFFREY N. VINIK, individually
and as senior managing member of
VGH Partners, L.L.C., on behalf
of VINIK PARTNERS, L.P.
/s/ Jeffrey N. Vinik
Jeffrey N. Vinik, as senior managing
member of Vinik Asset Management, L.L.C.,
on behalf of VINIK ASSET MANAGEMENT, L.P.
/s/ Jeffrey N. Vinik
Jeffrey N. Vinik, as senior managing
member of VGH PARTNERS, L.L.C. and
VINIK ASSET MANAGEMENT, L.L.C.
/s/ Michael S. Gordon, individually
MICHAEL S. GORDON
/s/ Mark D. Hostetter, individually
MARK D. HOSTETTER
Page 12 of 14 Pages
Schedule A
Vinik Partners, L.P.
Transactions in the Common Stock
Price Per Share
Date of Number of (including
Transaction Shares Purchased/(Sold) Commissions, if any)
__________________________________________________________________________
09/15/97 4,200 $27.6250
09/24/97 (52,600) 37.4339
09/25/97 (20,800) 37.1042
09/26/97 (23,300) 36.1538
09/29/97 (400) 35.8508
10/02/97 (6,000) 36.9788
10/03/97 (20,800) 37.7241
10/06/97 (31,200) 40.7373
10/07/97 (9,100) 39.4247
10/28/97 10,400 24.5200
10/29/97 (10,400) 26.8211
11/03/97 (114,800) 25.7706
11/03/97 (4,100) 26.7916
11/04/97 (70,700) 25.1749
Page 13 of 14 Pages
Schedule B
Vinik Asset Management, L.P.
on behalf of
Vinik Overseas Fund, Ltd.
Transactions in the Common Stock
Price Per Share
Date of Number of (including
Transaction Shares Purchased/(Sold) Commissions, if any)
__________________________________________________________________________
09/15/97 5,500 $27.6250
09/24/97 (39,200) 37.4339
09/25/97 (27,600) 37.1042
09/26/97 (30,900) 36.1538
09/29/97 (600) 35.8508
10/02/97 (7,900) 36.9788
10/03/97 (27,600) 37.7241
10/06/97 (41,300) 40.7373
10/07/97 (12,200) 39.4247
10/28/97 13,800 24.5200
10/29/97 (13,800) 26.8211
11/03/97 (152,100) 25.7706
11/03/97 (5,600) 26.7916
11/04/97 (93,700) 25.1749
Page 14 of 14 Pages
Schedule C
Vinik Asset Management, L.P.
on behalf of the
Discretionary Account
Transactions in the Common Stock
Price Per Share
Date of Number of (including
Transaction Shares Purchased/(Sold) Commissions, if any)
__________________________________________________________________________
09/15/97 300 $27.6250
09/24/97 (2,300) 37.4339
09/25/97 (1,600) 37.1042
09/26/97 (1,800) 36.1538
10/02/97 (500) 36.9788
10/03/97 (1,600) 37.7241
10/06/97 (2,500) 40.7373
10/07/97 (700) 39.4247
10/28/97 800 24.5200
10/29/97 (800) 26.8211
11/03/97 (9,100) 25.7706
11/03/97 (300) 26.7916
11/04/97 (5,600) 25.1749 |
