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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)

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To: Andreas Samson who wrote (21113)4/22/1999 12:39:00 AM
From: Amots  Read Replies (4) of 23519
 
AS.
From ICOS Bus' Summary:
<<For the fiscal year ended 12/31/98, revenues totalled $110.8 million,
up from $31.6 million. Net income totalled $31.3 million vs. a loss of $12 million. Revenues reflect the inclusion
of a $75 million one-time license of technology fee from Lilly ICOS. Net income also reflects increased
investment income.

Recent Earnings Announcement

For the 3 months ended 03/31/1999, revenues were 16,145; after tax earnings were -7,185.
(preliminary; reported in thousands of dollars)>>

One time payment are part of the bio's Bus'.
The market look at the future, ICOS has one and so does VVUS.
In the short term they may pull back (and that why I keep a trading portion),as always.
But after learning about what in the pipeline, I have better filling about holding for the long term.
Regards
Amots
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