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

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To: Don Dunlap who wrote (5775)3/3/1998 5:21:00 PM
From: JFD  Read Replies (2) of 23519
 
This is not news. Consensus forecast for q1 is a loss of $0.05. Viagra will pressure sales of muse, oh really? Why do you think the stock is down from $41 7/8? If you do not get regulatory approval in March, then it makes no difference whether it comes in April May or June. When approval comes they will ship and book the sales.

Were the shorts right? At the lofty levels of a few months ago they obviuosly were. But at these levels? The stock activity will tell you something, all this "bad News" out today just under 2 mil shares traded and we close unchanged. That is usually a good sign that the news is in the stock and it is sold out. Remember wall street looks out six months so 2 quarters is not all that far down the road.
Good Luck.

jfd
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