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

To: EyeDrMike who wrote (5366)	2/9/1998 6:05:00 PM
From: DDS-OMS	Read Replies (1) \| Respond to of 23519

The recent "weakness" was not brought about by oversupply of VVUS stock. The opposite occurred: For 3 days, some BUYER sat on the bid, taking all stock offered and kept price stuck at $15 or a hair above. When this buyer became satiated, the stock promptly fell 10% when no other buyers were willing to step up and pay $15. If it was oversupply that held the stock down to $15, it would have gone up after that selling was finished--not down. I guess it is a good sign that somebody was willing to pay $15--I just hope it wasn't the company buying back shares--sitting on the bid at $15 for 3 days is about what I would expect out of this management--I really doubt any mutual or pension fund mgr. would be that dumb.