Brad,
ROFL! I needed some humor, big time.
Additionally, for those who are interested, Herb Greenberg had a piece on VVUS today in his daily column: sfgate.com
I generally respect his bearish opinions and think he has a lot of integrity. Many people disagree with me, however. This is in contrast to my feelings about Asensio- I follow his activities quite closely, and although he is often correct in his short pannings with regard to the big picture, he is frequently completely wrong when it comes to details, and his integrity is questionable at best. I also think he has completely blown it on ZONA, but I may be wrong.
As far as Greenberg is concerned, at least he got the part right about revenues predicted to be down about 25% from the previous quarter- Paul Kangas last night on NBR completely screwed that one up when he said that revenue was to be down 25% from the same quarter last year. On top of everything else we now have to contend with obvious, simple screw-ups in the main strem press (eg. Reuters, NBR). :-( You might also bet your remaining equity in VVUS that they won't bother to fix their errors. Alas....
Eagerly anticipating the conference call, I am Anaxagoras |