Vivus, Why the Slide? Message Board

STOCKTALK

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, Why the Slide?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: KELLIS who wrote (3281)	9/3/1997 11:18:00 PM
From: Richard Singer	of 3991

<<PaineWebber analyst Charles Olsziewski said he expects the company to earn $0.20 per share on a fully taxed basis in the third quarter, up from $0.07 in the year-ago quarter.>> As usual, Charles O.'s earnings projection is ridiculously low. He continues, probably with purpose, to set up earnings blow-outs. My own opinion continues to be as follows: On a full taxed basis, Vivus will earn $0.28 this quarter with NO U.K.approval and $0.32 with approval. But according to David Y., the Vivus CFO, Vivus will not be fully taxed this year. Last quarter they were taxed at 17% and this quarter the rate will be a similar 17 - 20%. The reported earnings taking into consideration this lower rate will probably be closer to $0.40 than $0.20. I find it surprising that PW's report would be given credit for Vivus's recent good performance, but who's complaining? The timing of the release was far more useful to the cause than it's substance. So let's keep the big ball rolling! All you traders---sit on your hands,disconnect your lines of communication to your brokers, take a vacation or a long nap! This is the largest position I've had in any stock and I smell fresh $$$--and lots of them!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next