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


To: AlienTech who wrote (19138)2/27/1999 5:05:00 PM
From: VLAD  Read Replies (1) | Respond to of 23519
 
**OT** I know all about AKLM. I used to hold a position in it. It was a $3.00 stock when it was showing over a $3/share loss and the CEO was taking a salary of 750k which was way higher than guys like Gates were paying themselves. Lots of people lost lots of money in AKLM by not being patient for the turn around. Their main mistake was making a lot of games running on 16DRAM chips when 64DRAM games were leading the curve for for state of the art progression. In essence they were stuck with a warehouse of 16DRAM games that they couldn't sell going into the Christmas buying season back in 1997. Since then the shares outstanding have doubled and the stock has gone from 3 to 13 and now is back under 8.

I think that maybe we can make some good comparisson of how AKLM was able to recover with time and don't forget that with diluted shares and earnings of only 37 cents one year trailing they managed to trade from 3 to 13. I believe that based what I know about Vivus and what I knew about AKLM that Vivus has an even better chance of recovery that what AKLM has done.