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) -- Ignore unavailable to you. Want to Upgrade?


To: Robert D who wrote (3219)12/10/1997 1:14:00 PM
From: Steve Childs  Read Replies (1) | Respond to of 23519
 
This whole thing makes me ill. What kind of a mickey mouse operation is this? I'm tempted to keep holding, but I fear that more bad news is on the way. I agree with everyone that this doesn't add up. A week of production shutdown does not produce a 25% revenue loss. And this was supposed to be a new plant, not a replacement plant, so why move equipment? This really does make me wonder about demand. And of course there will be a class action suit, which will further drain management resources, who cannot seem to focus on more than one thing at a time.

UUUGGGGHHHHH!!!!!!!!



To: Robert D who wrote (3219)12/10/1997 1:28:00 PM
From: RT  Respond to of 23519
 
Robert,

I'm just trying to explain the shortfall in revenue. Leland makes the statement that production equipment is being moved to the new plant from the old plant.
A very costly error on his part and to us investors who though we had a competant leader.
Leland in my opinion is incompetent and should resign. The man just destroyed the value of our company by his incompetance.
During the last conference call VIVUS'S management said there was ABSOLUTELY NO PROBLEM IN OBTAINING PRODUCTION EQUIPMENT. Their biggest concern was getting qualified personal to run the place. THAT'S TURNED OUT TO BE AN UNDERSTATEMENT!!!.

RT