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

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To: Zebra 365 who wrote (4378)1/7/1998 4:35:00 PM
From: LoLoLoLita  Read Replies (1) of 23519
 
>>refuse to get excited about an early release of earnings until the >>rumor is confirmed, but that should be quite a plus if true.

Zebra, I called IR today and left a message for Nina asking
them to "confirm the rumored 1/15 date." Someone else called me
back in 40 minutes to say "yes, it will be released at market close
on 1/15." I asked him (forgot his name) if they could give me any
information on the status of the MCA inspection report on the
second factory. He said hold on, he would ask Nina. She came on
the line and told me that they expected MCA approval in Q1, and
FDA approval in Q2. I told her that I remembered hearing in the
CC something to the effect that MCA approval was expected in
January, and asked if the Q1 approval date represented a delay
from what was previously stated for the second factory. She said
that "they have asked us some questions, and we have sent back
a response."
----
My take on this is that the MCA approval could take a little
longer than they expected in December.

But it's very bullish that they're moving up the earnings date.

David
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