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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)
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To: RT who wrote (10182)6/28/1998 2:31:00 PM
From: Zebra 365  Read Replies (2) of 23519
 
Hope I'm not interrupting here.

If you recall MCA approval of the new plant came just before the close of 1st qtr. They could have dumped a lot of product on to the trucks and increased their revenue (recognized when shipped) for 1st qtr but they did not. Now we have a similar situation with the FDA approval, a lot of how the 2nd quarter comes in will simply depend on whether or not they load the "at risk" product on the trucks before July 1st.

I'm not going to give you my calculations but my guess for 2nd qtr EPS is - ($0.12).

If we aren't at the bottom, we can at least see it from here.

Zebra
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