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

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To: amc who wrote (9043)6/3/1998 6:33:00 PM
From: VLAD  Read Replies (1) of 23519
 
To anyone,

As a shareholder what would it take to get this company to agree to a buy out by a large pharmaceutical company that would know how to effectively promote MUSE and doesn't roll over and play dead when times such as today occur? We now have a share price of $7 1/16 which is well below where we were when Vivus had no product approved, had no international sales agreements and had no factory to produce MUSE. The management obviously doesn't give a damn about "shareholder value" or else they would act accordingly.

It's too bad that a fairly decent product is owned by a company with no management skills. We need a buyout ASAP. After today, compare our market cap to that of the other NASDAQ ED players who only have pie in the sky to sell and substantial earning loses.

Someone once told me that on average it costs a company at least $300 million dollars to get a drug out on the market. After todays close we now have a company that once book value is subtracted has a market cap of about 115 million. In other words only about 1/3 of what it costs to research, market and develop the product. This is sickening to say the least!

I would rather hear of the companies sale than anything else including plant approval and much higher script numbers.
Get a decent player to take the helm and MUSE will command a value at least twice of the present market cap.
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