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


To: Edderd who wrote (11540)7/15/1998 8:02:00 PM
From: VLAD  Read Replies (1) | Respond to of 23519
 
Ed,

I would love to get over $20.00/share. But buy back prices are not necessarily a reflection on current prices. I think most here would agree that the price suffers more from perception than future earnings potential (and this is exactly what the shorts have capitalized on). I don't know what they paid for stock in 1997 but the shares purchased in Q1 averaged about $14.50/share which means that management thought that was a reasonable price. Many here have bashed management for paying that much when the price went below 10 but I bet that those same people are in at an average above $14.50/share.