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

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To: Mkilloran who wrote (11853)7/21/1998 6:23:00 PM
From: VLAD  Read Replies (2) of 23519
 
martin,

CNBC is now having a report on the drug sector. Some interesting points to note:

S&P 500 PE based on 1999 forward earnings estimates is 21

Now for some drug companies and their PEs based on forward 1999 projected earnings:

Lilly 31

Bristol Meyers 31

Schering Plough 38

Warner Lambert 44

Also mentioned that many of these companies are looking for mergers and aquisitions and specifically pointed out J&J and its recent aquisitions. I really don't care what the shorts say. IMO Vivus if sold today at $20.00/share is a good deal for whatever company aquires them. It is especially a good deal if it is based on a stock swap. Come on Mr. Wilson, quit holding out for $30 to $40.00/share and sell NOW before you ruin what is left of our company!!
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