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


To: VLAD who wrote (18573)2/8/1999 12:45:00 AM
From: BigKNY3  Read Replies (1) | Respond to of 23519
 
OT V-Man <<Based on this reason alone, I think there are too many value plays out there for funds to keep pouring money into these stock in the near future. Look at your favorite Pfizer. The Viagra hype gave it a run up to about 130 last spring and here we are 10 months later at about the same price.>>

V-Man: The trick is to buy quality stocks when they are significantly off their highs. That's why GLX (17% off its high)is a better short-term Pharma value on Monday than PFE (only 4% off its high).

BigKNY3

PS For the record PFE is currently 8% higher than its Spring 1998 high of 121.75 (4/21/98) and 52% higher than its October 1998 low. Accordingly, there were excellent buying opportunities during the profit-taking valleys following the normal peaks of Pharma prices.