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


To: Amots who wrote (21314)4/24/1999 1:07:00 AM
From: AlienTech  Read Replies (1) | Respond to of 23519
 
>>INVX, I got in before him and left when he registered his 5%), <<

INVX?? I havent heard that name in a lonnnng time!
Dont want to either.. The good ole days when RDRT was cheap at 30, APM cheap at 40 and INVX was a bargain at 35. Dont forget WDC was the next DELL and at 50 was a steal!!!!!!!



To: Amots who wrote (21314)4/24/1999 11:41:00 PM
From: Cacaito  Read Replies (1) | Respond to of 23519
 
Amos:" I'm not following him, but I don't think he play Bio's (and sure not small as VVUS)."

Vinik played VVUS, he registered his 5%. It seems that he was instrumental in moving it to $42 squeezing shorts.

Vinik had an early exit about half his shares in the high $30s, but it seems that he was also caught with big loss at some point (from $22 to $26 about his entry point) when the big drop from $22 to $12 in one day (plant problems claimed Leland the Chief Executioner Officer).
Probably Vinik ended roughly even, but who knows. Vinik was involved in somewhat similar events with Converse. Strange that he goes in the stock moves for a while, and then catastrophe follows.

Vivus was not small enough for Vinik,vini,vidi,vinci.