SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LoLoLoLita who wrote (5948)3/17/1998 1:55:00 PM
From: Zebra 365  Read Replies (2) of 23519
 
I am as disappointed as anyone to the market reaction to this news. I think that the Viagra expectations overshadow VVUS at this point.

One accounting point, although not a CPA, I don't think anyone is going to distinguish "costs of inventory" and not recognize them as costs of goods sold. For one thing, it would raise projected profits and therefore, taxes. Also the SEC would likely think of it as "cooking the books". If I knew a company was doing that I'd be off like a scalded cat.

The very lack of movement makes me suspect that VVUS has dropped off the radar screens of some of the institutions until the effect of Viagra is known. Also I forget that many people do not yet realize the effect this MCA approval will have on the projected 1st qtr earnings, and probably won't until we see a change in First Call, and some institutional upgrades. There are of course the "Evil MM's" theories but I would think that if someone was juicing the stock to accumulate, some of our friends with Level II would have let us know by now.

I've said it before, the two people on this thread who want Viagra approval as soon as possible are BigKNY3 and myself. I do not see any delay in Viagra approval as positive for VVUS.

Zebra
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News