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

To: Sal Milani who wrote (11726)	7/18/1998 3:06:00 PM
From: Zebra 365	Read Replies (2) \| Respond to of 23519

Sal, Those are my five personal trading and investing portfolios. <<Last year I had an average 98% return on 5 portfolios,> I'm impressed. Is there anyway we can learn more about these portfolios?>> My lowest return was 54% and highest was 245% so you can imaging I'm taking considerable risk and using shorting as well as buying long to achieve that. For example my most recent play was a company that is in a business with which I am familiar. ADVH. However I started buying some at 12, it is now trading under 4. Only half it's book value. My paper losses there would buy a new Lexus LS400. I've averaged down and still expect a profit in six months or so. But you have to know the business, do your DD, and know whether you will take a loss or buy more if the price drops. This is not something you learn overnight or get from "tips". So I don't promote tips. I just try to buy out of favor stocks with good business prospects, and be patient. I do the same on the short side. I held a short position in PRST for 14 months. I had a short position in ZITL fo 8 months. Both winners, but they went against me for a while, a "trader" might have just jumped out with a loss. Value has a way of finally being reflected in the stock price. Zebra