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Biotech / Medical : Vivus: into single digits

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To: AlienTech who wrote (802)8/14/1998 7:31:00 PM
From: MIKE DUBIS  Read Replies (1) of 1016
 
Alien:

What book value figures tell you VVUS is trading "at a discount" and if you quote their old cash figures in coming up with the $3.50 book value, I would bet you that same amount of cash no longer exists.

What is book value? Is is $1, 2 or $3 per share but, more important, one month from now, what will book value be?

Mike
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