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

To: Brian Pastor who wrote (2205)	11/7/1997 2:19:00 PM
From: Anaxagoras	Respond to of 23519

<<Anyone have any good TA on the best entry point - >> Not really, just rudimentary stuff that had me just put in a limit to buy 500 sh. at 22 1/2. We'll see if it fills. I'm trying to pick a bottom on this,hoping to buy from Vinik, and have decided on splitting my buying up to continue buying if it goes down to the teens. That will be it then, though. I'm buying shares right now so as to minimize the margine bite that would otherwise get me by increasing my options exposure. Anyway, we should have strong support here unless someone else (younger this time) goes and dies on us. :-) Anaxagoras

To: Brian Pastor who wrote (2205)	11/7/1997 2:29:00 PM
From: Zebra 365	Read Replies (1) \| Respond to of 23519

This is not the answer you want. As a short term trader, I think you are looking to do a dangerous thing, take a long position on a stock where you have serious doubts about the fundamentals. If you do this, every tick down will confirm your inner fears and the weekends will seem like an eternity. This can easily lead to closing your position at a loss. Been there, done that. I play stocks short, long, (don't do options) and for short periods of time or long ones. But I follow the advice of Warren Buffet, "If you would not hold a stock for fifteen years, why hold it for fifteen minutes?" In other words I don't chase momentum if it goes against the fundamentals of the company's long term prospects (as I see them). If it goes with, that's another story. Just my opinion. Happy Trading Zebra PS to All: Just because the rooster crows and the sun comes up, does not mean the rooster causes the sunrise. The mortality rate for 79 year olds going to the grocery store one time is probably one death in 200,000 trips.

To: Brian Pastor who wrote (2205)	11/7/1997 2:39:00 PM
From: Steve Childs	Read Replies (1) \| Respond to of 23519

VVUS is taking a beating - Anyone have any good TA on the best entry point - and don't say here becuse we have not seen 21 and change in quite a long while and indicates we may well go into the teens before rebond - which at this point will take either some bad news on Viagra or some great news (U.K. approval) on Muse. Brian, you are arguing with yourself. You also answered your own question. Let's face it, if Viagra is as effective as Muse with little incremental side effects, it is virtually certain to absilutly kill Muse because 1000 out of 1000 men would rather take a pill, which is how we are all conditioned to take medicine, rather than push an applicator up our johnsons. Moreover, Viagra sounds like it might make it into "pop" culture - pop a pill and get a pop....I am simply not convinced yet that Viagra won't destroy this company's sales. I am not convinced that Viagra won't be the treatment of first choice and Muse relegated to a poor second cousin. Why on earth would you want anyone's opinion on an entry point?