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

To: Greg22 who wrote (18715)	2/12/1999 3:03:00 PM
From: VLAD	Respond to of 23519

Gregg, Last September they dropped us to 2 1/16 and then suddenly one afternoon on no news they shot us up to almost 5 in about an hour. I feel that the market makers want to cover at as low of a price as possible and they want to see some capitulation to perhaps a new low. When they realize that they wont be able to get any real sellers at sub 2 1/2 levels, they will realize that they are going to have to cover all the shares still held short. Vivus still has 99 institutions holding over 6 million shares of stock. This fact alone leads me to believe that the institutional investors have hardly given up on the future of Vivus. I have watched small cap tech stocks go from over 50% institutional ownership to less than 5%. That's usually when a stock drops to the sub $2.00 level.