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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: MIKE DUBIS who wrote (2160)11/6/1997 7:48:00 PM
From: mc  Read Replies (1) | Respond to of 23519
 
Mike, option number 3:

VVUS share buyback, finally - it seems that more companies are selling puts in association with their stock buyback plan rather than just buying shares. It assures they get them at a price they believe is cheap (and why else should a company buy it's own shares) or if the price doesn't go to 22 1/2, they pocket the premium. Either way, they make out nicely. I hope this is what happened.

Gary