SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: VLAD who wrote (18901)2/18/1999 2:27:00 PM
From: Colby  Read Replies (2) of 23519
 
VLAD,
I certainly am not selling at these prices either, but I have to say, I am not sure why you consider this to be a rediculous price for the stock given its current condition.

Stocks trade based upon their future earnings potential, unless of course they pay a huge dividend, which of course vvus doesn't.

1 At this point we have a huge loss for '98 after a spectacular year in '97. The stock is going the wrong way.

2. The ceo has come out and said being profitable in the first half of '99 is going to be a challeng.

3. Domestic scripts have been flat at a miserable clip domestically and they have done nothing to remedy that.

4. They missed their deadline with a domestic partner. That just added to their reputation of being untrustworthy.

They can turn things around, but until something happens, I don't know why anyone would pay more for this stock.

Just my 2 cents,
Colby
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext