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


To: VLAD who wrote (12986)8/10/1998 7:21:00 PM
From: VLAD  Read Replies (2) | Respond to of 23519
 
One other positive point I would like to add. Although Invamed is not considered a brokerage powerhouse, they are well respected for their knowledge and research of the biotech industry. As a market maker they will tend to represent client that are "in the know" regarding the inner workings of where this company is heading. I believe that they were the ones who were buying shares for Vivus back in February at $15.00/share. I do not know who is using them to buy shares of Vivus but I suspect someone or some fund feels that 5 3/4 is not only a good entry point to buy based on technical support, but also is a good price to buy shares based on the future outlook of the company.