correct me if I am wrong, but doesn't the 10 k say that vvus does not believe it will return to profitablility in 1998?
Funny how the longs can read that one way and the shorts another, isn't it? I read it the same way you do Mike. In my opinion, if they thought they might make some money the last 2 quarters, but not enough to break even for the whole year, it would have said, "...does not believe it will return to profitability for 1998." Since they said, "profitability in 1998" it is my opinion, as it would seem to be yours, that they will lose money in the 3rd and 4th quarters as well.
Plus, my wife has still yet to fill a script for MUSE since V was available. Yes, I see they are selling some MUSE, but enough to make profits? Doubtful.
-jsc |
