SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Vivus: into single digits

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: AlienTech who wrote (952)8/30/1998 11:03:00 PM
From: MIKE DUBIS   of 1016
 
Dr Andrews:

I am not going to say can't be true but I am going to say I highly doubt it. When you see a buyout, how many times have you seen one at 3 1/2+ times the current price? Also, how many times have you seen a 3 1/2 price buyout with a company in such poor shape as VVUS?

It doesn't make any sense?

Also, the cash position might have changed but you have to remember what they gave up for the cash. I believe we call it debt and a lien on the leasehold equipment?

got to go, good night.

Mike

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext