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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)

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To: DR. BOND who wrote (3236)12/10/1997 2:41:00 PM
From: DDS-OMS  Read Replies (6) of 23519
 
Read the PR again--this revenue shortfall is not just because of a one week Christmas shutdown, it is because they took 1 line or 25% of "machinery" out of present plant AT THE BEGINNING OF THIS QUARTER and moved it to the new plant to try to get it up and running. They have known for at least 3 months what this would do to production--and not a whisper til now? New CFO--really think the first one quit?? He was probably fired when it became apparent that the equipment wouldn't be available on time. Anytime a CFO "resigns" (read: FIRED) a huge red flag is raised--and now the other shoe has dropped.

Management is obviously not up to the task of running a company and cannot make the transition from start-up to an operating company.

Look for a low around $8 3/4

All above just my opinion--have no "inside information"--any more than you have had--unless you have just been a lamb who was fleeced.
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