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


To: LoLoLoLita who wrote (5079)1/28/1998 2:09:00 PM
From: Tunica Albuginea  Read Replies (1) | Respond to of 23519
 
Bought more Vivus at 14.25; also bought Sept 15 calls VVQIC @ 4 1/8.
Time is on Vivus side. Time is against the market. this is this bull market's last hurrah IMHO. I am looking for a steep retreat from here to the fall until Asia and the Prez play out.Earnings will be squeezed by rising wage pressures, Asian imports, etc. Of course if ANY protectionist sentiment against Asian even appears in the congressional horizon we'll see another Oct crash, because protectionism is inflationary: that, with it's rising prices and the rising wages will be inflationary and cause the Fed to raise interest rates and the market will ditch, ( except Vivus of course, gg ).

TA