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Biotech / Medical : Vivus: into single digits

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To: VLAD who wrote (855)8/19/1998 5:50:00 PM
From: MIKE DUBIS  Read Replies (1) of 1016
 
Vlad:

What I meant was that the br0kerage houses still seem to be calling for a slight 3rd quarter profit. When you read the 10k, I think one can reasonably argue there may well be, according to the company itself, no profit in either of these quarters. That, if true, would, I believe, call for a significant drop in the current price of the stock. Even the email somebody referred to as coming from management does not say they will be profitable in either quarter.

Last time the stock nose dived, they had recently come out with news releases. Some posters maintained that if one carefully read these, one could have seen what was going to happen.

Mike
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