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

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To: RT who wrote (5595)2/22/1998 2:20:00 PM
From: blankmind  Read Replies (2) of 23519
 
RT,

- You're basically saying that Vivus is a fraud. That if MUSE was successful, that there would be at least 20 or 30,000 refills a week. And that MuSE is a failure. Is this correct?

- If you remember back in 11/97 or 12/97, this exact same issue came up. And the pro-fraud crowd backed up its assertions by pointing out that the factories were going on idle for Christmas; a line was cannibalized; and the new factory wasn't really needed in the first place because the product wasn't selling. And they went thru the refill scripts just like you're doing.

- Lo & behold, in Jan '98, Vivus came out with results for the 4th 1/4. And despite all these problems, they did $32.9 mill in sales. And had profits of $5.8 mill. The stock went up 50%. And now it's at 12 1/2; as new questions arise about MCA approval. And when these questions are resolved; the stock will move way higher.

- I guess I'm asking you so what? What does your analysis mean exactly? Are you saying that the financials are bogus? Or MUSE doesn't work? What exactly are you saying.

Out.
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