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

To: mc who wrote (3888)	12/18/1997 1:31:00 PM
From: t36	Read Replies (1) \| Respond to of 23519

to all...inside selling is not always a negative act. michael eisner and michael dell recently sold shares..this time of year people inside companys sell for tax purposes..taking their options and it should not always be viewed as a negative..the same thing happened with csco last week ..it was totally misinterpreted. sue...go vvus

To: mc who wrote (3888)	12/18/1997 3:59:00 PM
From: LoLoLoLita	Respond to of 23519

>>I didn't interpret the insider sales as anything negative. >>What was your take on this? It seems it was just some >>normal sales that happened to occur at a bad time >>perception wise. Gary, I couldn't agree with you more. Insiders sell shares when (1) they're allowed to by the SEC, and (2) when they need the money. But my guess is that prior to any major insider sales (purely conjecture on my part!) that they are expected to raise the sales for discussion at a board meeting. If the PR ramifications of big sales were judged very negative (like at the present moment it would seem!), then they might be asked to pursue another approach, maybe with company help, to raising the cash they need. If this supposition of mine is correct, the issue could have been raised prior to November, at a time when things looked better than they did in early December. David