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Biotech / Medical : Biotech & Pharma.T.A,
BIB 81.87-0.1%Dec 4 4:00 PM EST

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To: Galirayo who wrote (945)6/3/2005 1:31:30 PM
From: Jibacoa  Read Replies (1) of 3722
 
Ray,

Re:VPHM

As you know. it started May with the right foot.<g>

After the L at $1.67 and with the help of insiders buying and the big changes in revenues and earnings reports in the last 2 Qs the stock has had a 238.9% gain in one month, which isn't bad these days.<g>

The revenues in the Dec.Q were $18.5M vs. $1M in 2003 and it reported earnings of $0.28/shre vs. a loss of $0.30/share. And for the last Q(March) Revs were 27.2M vs.1.7M and earnings $0.27/shr vs. a loss of $0.28/shr in 2004. It seems the company is making money from Vancocin and the EE for 2005 of $0.22/share are going to be beaten easily.<g> ((For the remaining Jun.& Sep.Qs it also reported a loss in 2004 and revenues were negligible.)

Although the stock may take a slight respite on its present hot UPTREND it seems to me it is headed for the $14 level sometime in the next few months.(Caveat, I am long VPHM <g>)

bigcharts.marketwatch.com

RAGL

Bernard
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