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


To: AlienTech who wrote (6949)4/14/1998 12:46:00 AM
From: VLAD  Read Replies (1) | Respond to of 23519
 
To all those paranoid about vivus breaking the 9 5/8 support level:

I have seen too many stocks break critical support only to rebound sharply in a day or two.

A few brief examples:

INTC breaking 69 on 12/19
MOT breaking 55 on 12/17
MUEI breaking 9 on 1/9

The list goes on and on.

Since fundamentals are intact, the move to 9 does not make me worry about any further decline. IMO we may perhaps touch the 8's for a very breif period but c'est la vie.