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Biotech / Medical : ViroLogic (VLGC)

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To: Ian@SI who wrote (33)2/14/2001 7:14:37 PM
From: Don Knowlton  Read Replies (1) of 59
 
Ian,

It appears that VLGC may be looking for a merger/buyout soon. What do you think?

Don

SOUTH SAN FRANCISCO, Calif., Feb 14 (Reuters) - ViroLogic Inc. reported on Wednesday a fourth-quarter loss that missed estimates, and the company, a developer of products to improve treatment of viral diseases including AIDS, warned of a wider-than-expected loss for 2001.

For fourth quarter 2000, Virologic said it lost $6.8 million, or 34 cents a share, on revenue of $2.8 million, compared with a loss of $6 million, or 63 cents, on revenue of $500,000 in the same 1999 quarter.

Wall Street analysts on average expected a per-share loss of 33 cents a share, according to First Call/Thomson Financial.
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