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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: steve goldman who wrote (2478)	1/30/1998 12:35:00 PM
From: KZAP	Read Replies (1) \| Respond to of 4969

What is a good number to look at when you are looking for value? A book price I'm sure that would be even with the stock price. But up to what? Triple book price, more? Thanks! KZAP

To: steve goldman who wrote (2478)	1/30/1998 2:10:00 PM
From: John J H Kim	Read Replies (1) \| Respond to of 4969

Hi Steve: Have a look at VVUS. I've been watching this stock for the last few days now, and I get the feeling that maybe there is a struggle going on here between the bulls and the bears. The shorts are trying to knock it down but it seems that everytime they try to do so the buyers come in and notch it back up. From my observation it looks like there is a little tug of war going on here. I know you don't like discussing particular stock, but in this case I think it might be useful to observe what is going on with VVUS in what I think a short squeeze play in the making. Or I could be just "seeing" things as a figment of my imagination. I won't be offended at all if you tell me that I am just seeing things. Thanks. Enjoy your weekend.