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

To: VLAD who wrote (9571)	6/12/1998 5:30:00 PM
From: AlienTech	Respond to of 23519

Is this true?? First of all, I have nothing against shorts, longs, day traders, yadda, yadda, yadda. Let's all make lots of money and retire at 35. The only thing I ask is let's stop wasting people's time with the huge flow of disinformation on this thread - in particular, the obviously "short-interest" propaganda about the "large blocks of insider sales, doom and gloom, the sky is falling, etc." The new Yahoo insider feature is useful, but unfortunately it's being misused by those who wish to mainpulate this stock. Let's examine the insider activity since the beginning of the year: 6 Jan, Chairman of Board Place exercises option for 146,875 shares, and receives another 16,000 as a gift. He sells 51,838. So basically this is a net PURCHASE of 111,037 shares. 26 Jan, Officer Gesundheit (cool name!) exercises option for 10,000 shares. Sells NONE. Net PURCHASE: 10,000 shares. 9 Feb, Vice President Levitt buys 800 shares at market price. 27 Feb, Officer Sater exercises option for 78,500 shares, and over a two-week period sells17,678. Net PURCHASE: 60,822 shares. 30 Apr, Two other officers at end of April exercised conversions, most likely due to otherwise impending expiration, and subsequently sell for a grand total of 2,974 shares (ooooooh, LARGE BLOCKS......) So from 1 Jan - 30 Apr, INSIDERS net trading activity was THE PURCHASE of 179, 685 shares. So much for your red flags! Conventional wisdom would say this was a BULLISH sign for the stock. In any case, let's at least keep the posts truthful. There are too many of these things to waste time reading ones that are just blatant propaganda and scare tactics.