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


To: Mkilloran who wrote (17526)1/6/1999 7:27:00 PM
From: VLAD  Read Replies (1) | Respond to of 23519
 
Your scenario is a simple one to solve:

If Astra or Janssen don't want Lilly to market Alibra in their territories they should sign new deals with Vivus for Alibra in their territories and cough up some nice hefty upfront milestone payments.

I think Vivus has them by the balls on this issue. They can each pay Vivus $20M for future rights to Alibra and Lilly can throw in $30M for MUSE and Alibra in the US and whoever wants Japan can cough up $30M for both MUSE and Alibra. This gives Vivus $100M cash plus all the future product sales income.

If Vivus is able to negotiate such milestone payments, the board should make a quick vote to approve a buy back without making any big announcements. Any news about it will immediately inflate the stock price. Let Vivus get as many shares out of the float at these ridiculous prices and THEN let out the good news. Then see who out of all the longs who have suffered through this mess is willing to sell back their shares so the 7.5M shares still short can cover.

The manipulators have played this stock like a fiddle. They sell their long positions whenever Vivus shows strength above 3 and then cover their short position when the price pulls back under 2 3/4.

This has been going on for 4 1/2 months now and they have been able to cover over over 3 million shares without creating any significant price appreciation on the stock.

I hope that when this stock hits $9.00 that all the little fish who suffered through all this bull shit will hold for significant profits and allow institutional buying to drive up the price to $20.00/share.

Why should we allow the short position to cover into our selling after all the pain we've been put through??