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


To: Tokyo VD who wrote (2714)11/20/1997 3:58:00 PM
From: Mark A. Stang  Respond to of 23519
 
The Big Fallacy: "It's All Built Into the Stock"

People like to say this--about anticipated bad news, good news, but it just ain't true.

We've all been thinking, wondering, waiting for (1) new plant approval and (2) UK approval. VVUS bears like to say these approvals are already built into the stock price.

How many on this thread have lost a minute's sleep over FDA compliance issues at the existing plant? Nobody. If there ever was a "gimme", it's that a plant that opened in compliance and has been turning out product for some time can and will be brought back into compliance. A no-brainer.

Yet, news of this "gimme" has boosted VVUS back to 25 today; hope we close there or above, but if we don't, I'm not going to be crestfallen.