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


To: AlienTech who wrote (17583)1/8/1999 11:04:00 PM
From: VLAD  Read Replies (1) | Respond to of 23519
 
<<Who has the list from before?>>

That was blankmind who was organizing the share holders move to put Vivus on the auction block for $40.00/share.

If I remember correctly one problem he had was all the traders buying and selling and then trying to figure out who was in and who was out.

That's why I decided to make those minimal ground rules that I listed earlier.



To: AlienTech who wrote (17583)1/9/1999 12:30:00 AM
From: VLAD  Read Replies (2) | Respond to of 23519
 
Alien, ****OT****

Have you been watching KMAG lately? Hit another new short term high today ar $14.00. Now I know that its not a biotech stock but look at the fundamentals:

Including write downs a 12 month trailing loss of $6.53/share

Q4(December '98) estimates for a 41 cent loss

1999 FY estimates of ONE PENNY!

53.4M shares outstanding

Is in default on a $260,000,000.00 loan.

Is in a "hurting" sector thanks to intense Asian competition.

In essence is a "one trick" pony.

Now look at the trading over the past 3 months:

Has gone from a $2.00/share on October 9th to $14.00/share today.

That is a 600% appreciation in only one quarter.

Notice that all the great analyst upgrades came after the stock made most of its rapid short term grades (Goldman at $9.00 and Montgomery at $11.00).

Now this is no internut stock.

Shows you what a stock can do when it gets a little institutional support.

Crazy market!