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

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To: Bradpalm1 who wrote (4233)1/3/1998 12:16:00 PM
From: DR. BOND  Read Replies (2) of 23519
 
Brad, you know how I feel about mgmt. They are weak at best! But hopefully they will learn from their past mistakes. Mgmt. needs to be more concerned with how Wall St. perceives them. This stock got crushed as a direct result of mgmt. misguiding Wall St. analysts with respect to time frames and earnings estimates.

As for the possibility of further bad news, I also agree that this exists. However, the current stock price is sooooooooo cheap that barring a nuclear explosion at Paco, IMO we are at or near the bottom. What counts now is not so much FY97 numbers, but what Mgmt. says about 98 on the conference call. I have heard that mgmt. will be having a due dili meeting with analysts at the new facility in late Jan. Also I have heard that Fortune magazine has contacted the company for a positive piece.

Still Long,

DB
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