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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: AlienTech who wrote (5840)3/10/1998 2:35:00 PM
From: Warren Van  Read Replies (1) | Respond to of 120523
 
Re: Hmmm some of the big options plays I saw recently must have stired >> up some intrest in it. Was wondering what was going on. But that wana be fud manager has a habbit trashing any company he invests in. APM, CREAF, VVUS and they usually just die rather than recovering, Look at CREAF, 600 mil in the bank and they have earnings and assets that beats most estimates. The <<

Are you talking about Vinik? Although he reduced his shares of VVUS,
he still has a size investment (about 4%) of the company or at least I recall reading something in that regard.

There are lots of uncertainties for the company right now. For that reason VVUS the stock has been suppressed. It's an undervalued stock. But what you're saying is that the movers and shakers are not going to let the stock run on good news, right?

Thanks any insight you can provide.

-Warren