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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)
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To: RT who wrote (21021)4/21/1999 5:22:00 PM
From: wvalx  Read Replies (2) of 23519
 
RT, <<How come the 4 QTR won't be highly profitable? Leland said Astra would need to restock inventories. Am I missing something?

RT>> I believe they are being over cautious. I also believe there is some SPECIFIC reason why the domestic partner isn't signed. I fully expect it to be completed by end of 3Q.

Look, they didn't project any 3rd or 4th Q revenues. They are probably going to increase R+D to wipe out any profit, which I say is a very wise decision. Isn't the philosophy that Wall Street loves so much is to forget about the near term, focus on the future? (ala inrternet companies)

I would get very nervous if they had a huge profit at the expense of R+D, I would sell all my shares.
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