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Re: Bobwins post# 19312

Friday, 08/12/2005 5:28:28 PM

Friday, August 12, 2005 5:28:28 PM

Post# of 173961
Bob, Hank re VPHM and options expirations:

I appreciate your input very much. I have what for me is a substantial position in this stock, having bought all shares in May at average of $3.88 per share. I was delighted with Q2 numbers last week, and expected the stock to go to $15 fairly quickly. Instead there has been selling.

I am well aware of the conversion shares, and understand profit taking in this as in any stock. But it made no sense to me that the downward pressure on price this week had much to do with options expirations. Thought I'd better inquire of those more experienced.

Thanks again.

Steve


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