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

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To: blankmind who wrote (4055)	12/26/1997 2:46:00 PM
From: mc	Read Replies (1) of 23519

Blankmind, if you go back to my original post, you'll see that my $70 million projection was for the end of Q1. Which means there are significant expenditures you are not taking into consideration. They include, at-risk product that will be produced in the new facility to get approval without offsetting income until (if) they get approval to sell it, the ad campaign, costs for setting up the new plant, costs associated with the Ireland plant (if they start this soon - I don't know when), decreased revenues due to Q1 production still being below that of Q3 '97, and decreased revenues due to sales at a lower margins because they are to our partners selling overseas. I'll agree $70 mil at the end of Q4 '97 is impossible. Please re-assess based on 3 months later. Gary

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