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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)
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To: VLAD who wrote (6717)4/9/1998 9:59:00 AM
From: RT  Read Replies (2) of 23519
 
VLAD,

I'm glad to see Vivus repurchased 1.6 m shares. This at least sends a strong message that management is confident in the company.
Now, if only the street would regain confidence in them.
One other positive note is that the new facility is non contract labor and highly automated, and this will result in a substantial savings.

As to be expected, Vivus is still waiting for the FDA inspectors to show up and inspect the new plant. Typical government agency, slow and inefficient.

The conference call was cut short and my questions were never answered, plus Nina never returned my call.

RT
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