Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: VLAD who wrote (12138)	7/26/1998 12:28:00 AM
From: AlienTech	Read Replies (4) \| Respond to of 23519

How did you get the short figures when it only comes out on JUL 27th? >>Vivus management owns 25% of Vivus shares.<< No VVUS the company owns 25% of the shares. Its considered part of their cash balance. But only 2 mil shares covered? I would think most of the covering was by the ones who shorted it under 10 anyway and a lot of them have reshorted once they saw the price breake 9 1/2.

To: VLAD who wrote (12138)	7/26/1998 1:33:00 AM
From: AlienTech	Read Replies (2) \| Respond to of 23519

Well so that still means it will take approx 10 days for the shorts to cover. Can anyone get short intrest for longer than an year? 07/98 11,888,174 0,710,309 12.67 06/98 13,743,171 1,537,487 08.94 05/98 14,367,284 3,249,760 04.42 04/98 11,456,890 1,100,195 10.41 03/98 10,753,122 1,091,241 09.85 02/98 10,581,126 1,125,249 09.40 01/98 09,065,596 1,268,940 07.14 12/97 10,211,586 1,776,611 05.75 11/97 10,013,076 1,616,854 06.19 10/97 09,443,714 1,877,101 05.03 09/97 10,266,009 0,810,309 12.67 08/97 10,381,698 0,867,672 11.97 07/97 10,770,875 1,602,899 06.72 S

To: VLAD who wrote (12138)	7/26/1998 10:00:00 AM
From: betty moyers	Read Replies (1) \| Respond to of 23519

VLAD, I found your analysis of the market value including short interest in fact interesting. I wonder though if one should not calculate the value with the same share price for both the short shares covered and outstanding stock. This would make the analysis based on the current 11.9 MM shares and an average short covering price of 12 look as follows : (11.9 * 12 + 31.5 * 12) / 31.5 = $16.5 per share market value Now if we ask the question in reverse, i.e. what average price of short covering would give a market value of $ 20 per share we get $14.5. NOT NOT NOT unrealistic at all (11.9 * X + 31.5 * X) / 31.5 = $ 20 solve for X = 14.5 Just for the hell of it compute for $ 25 per share buyout market value gives average short price covering expectation of $ 18 (11.9 * X + 31.5 * X) / 31.5 = $ 25 solve for X = 18 Anyone who has watched a stock short covering like KTEL and dozens of others knows what can happen in these cases VERY VERY QUICKLY