To: RT who wrote (3371 ) 12/11/1997 7:41:00 AM From: Frostman Read Replies (1) | Respond to of 23519
VVUSgate: day 2 I've been through moving TV stations from one location to the other twice, we always figured out how to stay on the air because dead air = no revenues. Our version of the FDA was the FCC and new equipment and new employees were a way of life and we never closed between Christmas and New Years. A revenue shortfall in the 25% range, for any reason, would have cost folks jobs starting with GM, period, no arguements. However, I have no experience in mfg and I like what Sailor had to say yesterday and hope the rest of the planet agrees, he said: <<I believe VVUS had to bite the bullit. Startup of new lines and facilites for FDA and ISO approval are bitches. The company I was with shut down productions for days (even though they were months backlogged) to get 100% readyr for the inspections. Without the inspections they have nothing. Looks like they gave up a little production to win the battle.>> I hope Vivus mgmt gets in from of some TV cameras, mikes and reporters today and does us proud. In the same speech, a buyback of stock would show confidence and make a small step in regaining shareholder value and, perhaps, faith. Ask yourself this folks, If you were the Vivus CEO, what would be on your agenda today? A Christmas vacation? The interactive WSJ has 4 stories this morning that simply replay what happened yesterday. Sometimes management has to do the hard jobs like explain yourselves, stick up for your company, regain your credibility, develop a media presence rather than have one developed for you which has been the case 100%, make IR a warm fuzzy thing. I'm not as stunned as I was, I'm in a damage control, solution oriented state of mind, but make no mistake, the hit our portfolio took remains unchanged. I own that problem. I want Vivus to own theirs. Frostman