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Biotech / Medical : Vivus, Why the Slide?

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To: whtsang who wrote (3797)9/23/1997 2:01:00 PM
From: Tim Gardner   of 3991
 
Horace, let me see if I can help you out. Here are some numbers:

Long term growth rate -- 75%
Earnings Estimates Year End -- $1.13 a share
They have blown away estimates every quarter so they may do better than a $1.13

Fair Value at year end: 75 X $1.13 = $84.75

Other things to consider: They will soon get UK approval, other countries will eventually follow. Revenues are growing faster than I can count. Anything that helps a guy get a little is worth a fortune.

GO VVUS!!!
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