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

To: DR. BOND who wrote (3001)	12/2/1997 9:23:00 PM
From: OmertaSoldier	Respond to of 23519

OFF TOPIC..Maybe this will help the market some? Or at least VVUS<g> Tuesday December 2, 9:01 pm Eastern Time Greenspan sees stronger world economy after Asia woes (Updates with details, adds quotes) By Isabelle Clary NEW YORK, Dec 2 (Reuters) - The world economy will emerge stronger once Asia's financial problems have been resolved, U.S. Federal Reserve Chairman Alan Greenspan said on Tuesday night. But Greenspan told economists in New York that developing countries needed to bolster their banking systems and open up their markets to return to the rapid growth rates of the past. ''While the adjustments may be difficult for a time, these crises will pass,'' he said. ''Stronger individual economies and a more robust and efficient international economic and financial system will surely emerge in their wake.'' His speech made little reference to the U.S. economy, which is in its seventh year of growth. Economists expect the trouble in Asia and its possible fallout in the United States to prevent the Fed from altering interest rates at its Dec. 16 meeting despite fears that a tight U.S. labor market could fan inflation. Aware of strong U.S. growth, markets have been focusing on Asia's troubled emerging markets and on Japan, where big brokerage Yamaichi Securities Co folded two weeks ago. Greenspan said the Japanese government was ''finally'' acting appropriately to deal with domestic banking problems. ''In most developed nations, banking systems appear reasonably solid. Japan has been somewhat of an exception, but there have been some positive signs there as well,'' he said. ''Banks have been recognizing losses, and the government seems finally to be appropriately addressing their problems.'' He said short-term loans from the International Monetary Fund were in the best interests of the United States because a breakdown in one country could spread to others. Contagion in Asia had been ''particularly troublesome,'' he said. ''The IMF, the World Bank and their major shareholders, the developed countries, may wish to facilitate adjustment through temporary loans to government and the encouragement of private equity infusions to these banking systems,'' he said. ''Since any severe breakdown can have contagion effects on a worldwide basis, it is in our interest to do so.'' The IMF has already offered multibillion dollar rescue packages to Thailand and Indonesia and is close to sealing a deal with South Korea, the world's 11th biggest economy. Referring to the troubles, Greenspan said a slowdown in Asian growth was inevitable, but that this could be temporary. ''I say temporary because there is no reason that above-average growth in countries that are still in a position to gain from catching up with the prevailing technology cannot persist for a very long time, provided their markets are opened to the full force of competition,'' he said. ''We should strongly stress to the newer members of the international financial system -- the emerging economies -- that they should accelerate the restructuring of their financial systems in their own interests,'' he said. ------------------------------------------------------------------------ Related News Categories: US Market News, currency, international, options ------------------------------------------------------------------------ Help <Picture: [ Yahoo! ]> ------------------------------------------------------------------------ Copyright c 1997 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon Important Disclaimers and Legal Information Questions or Comments?

To: DR. BOND who wrote (3001)	12/2/1997 9:27:00 PM
From: MisterED	Respond to of 23519

Dr.Bond, I agree it is a good question, however, if that was the case quite a few people would have to know about it to affect the stock price. I can't imagine that somebody on this and other threads who seem to somehow find out about all kinds of things, and are constantly snooping around, would not have heard about it. Neither do I believe that they would keep it to themselves, at least not the Viagra guys (IMHO).

To: DR. BOND who wrote (3001)	12/3/1997 12:40:00 AM
From: Milan	Respond to of 23519

Gene Voss (2732 ) From: Milan Saturday, Nov 22 1997 11:58PM EST Reply # of 3010 Harvard Scientific Corp. Of Nevada Files SEC FORM 8K WASHINGTON, DC, Nov. 04, 1997 (States) -- ITEM 5: On October 1, 1997, the Company filed a complaint fordeclaratory judgment of non-infringement of U.S. Patent No. 4,801,587 (the "587 patent") in the United States District Court for the District of Nevada. The corporation is the only plaintiff in the matter and VIVUS, Inc. is the only defendant. Through the action filed in the United State District Court in the District of Nevada, the corporation seeks a declaratory judgment that the method developed and used by the company for the treatment of male erectile disfunction does not infringe upon claim 6, or any other claim, of the 587 patent. Dr.Voss,what do you think? Do they have any chance? Thank you,Milan