To: DAVID who wrote (4366 ) 1/7/1998 1:33:00 AM From: Tunica Albuginea Read Replies (1) | Respond to of 23519
DAVID, IMO today ws THE LOWEST VOLUME on Vivus, ever since it's debut last Jan or Feb. I think everybody is sitting, waiting, watching. The important thing however I think is that at this juncture time is on Vivus' side, as we are approaching the implementation of that crucial increased capacity which IMO will bust eps wide open and catapult Vivus back up were it belongs. I was thinking today about my son's ( single ) stock, that he swears by,TDFX, that he bought at 16 and and everybody was predicting it would bust open PC 3D Games field, but which because of lack of news slowly drifted down to 13. I kept looking at it, doubting it had the neccessary strength to rise in a down Xmas sales market.Well of a sudden they are all over the place, with busting sales and market dominance and today, 3-4 weeks after being down and out the stock doubled to 26 on a down market day as today. You have to have faith your companies sometimes, that they will deliver.Again, think Acapulco :. * "Heard on the Street" " Bargain Hunters Dipping Into the Tech Sector" May Need to Do a Bit More Bottom-Fishing By Suzanne McGee Staff Reporter of The Wall Street Journal * 01/05/98 The Wall Street Journal Is the flurry of bargain-hunting in battered technology stocks the first sign of a turnaround? But traders say some stocks are showing the first fleeting signs of a recovery in the wake of a sell-off sparked by disappointing earnings, demand worries and year-end tax-related selling. For years, buying most technology stocks was prohibitively expensive for Tony Hitschler, president of Wilmingtonbased Brandywine Investment Management and a disciplined value investor. Now he's snapping up stocks like diskdrive maker Seagate Technology, down 51% in 1997 and trading at only 7.4 times earnings. "Of course, they'll report a loss next quarter," he says cheerfully. "But you've got to play this group like the divers in Acapulco; you dive in as the waters recede and you think you're heading for the rocks, but by the time you finish your dive, the water's back." TA