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


To: Wade Spencer Graves who wrote (20841)4/20/1999 11:22:00 AM
From: VLAD  Read Replies (2) | Respond to of 23519
 
Wade,

You can make all the theories you want until you turn blue in the face but all I can say is this:

On Thursday at about 3:30pmEST Vivus preannounces BLOW AWAY earning of 12 cents (estimates 1 cent) and trading is immediately halted at 4 1/2. Friday morning stock gaps to 6 and here we are 3 trading days later trading as low as 4 1/16. A NORMAL stock would probably be forming a new base at 10 about now but don't forget this is Vivus. Fundamentals don't mean SQUAT nor do technicals. The stock goes where ever the market makers want to take it. Boo Hoo.



To: Wade Spencer Graves who wrote (20841)4/20/1999 11:50:00 AM
From: Brent  Read Replies (1) | Respond to of 23519
 
Wade,

I agree with you wholeheartedly. This stock needs more support from traders.

VLAD,

I am long Vivus so don't get upset at me, but Vivus has disappointed everyone but the shorts. It will take proof positive and then some before the stock will come back. I know many here think that this 'blowout' was proof Vivus is back and strong, but with a quick glance you can tell Vivus is still only breaking even at best. $4 million milestone divided by the 31.8 million shares gives you $0.125 per share in earnings, so continuing operations are breakeven.

Don't get me wrong, I think it is positive. When international sales pick up and IF we ever get a domestic partner, Vivus should be very profitable. But from a cursory look, these blowout earnings aren't really blowout and the street is taking VVUS back.

The shorts aren't the enemy.

Brent