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

To: Peter Yen who wrote (3538)	12/12/1997 7:33:00 PM
From: LoLoLoLita	Respond to of 23519

Peter, How can you tell if a sale is a short sale? Does INSTINET give that info directly, or do you deduce it somehow? Also, since you followed the intra-day, I found it very strange that we had support at 12 1/2, 12, and 11 1/2 (i.e., half-point increments). Is this usual with VVUS? Most of the tech stocks I've followed are "all over the place" with block trades executed often at sixteenth's and thirty-second's, etc. Would anyone want to hazard a guess from the intra-day as to whether Vivus was supporting the price at 12 this afternoon with its buy-back program? If so, any guess as to how many shares they may have bought in the process. And if anyone is unclear as to how to "call back your shares": if you have a margin account, there are two sides, the cash side and the margin side. Any shares on the margin side can be used as collateral for a margin loan, but they may also be "hypothecated" by your broker or clearing firm (i.e., lent out). If you tell broker to "move my shares to the cash side" they can't be lent out for shorting (and then you can't borrow against them either). If shares are in an IRA or other pension plan, they are already in a cash account. Cheers, David