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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: LoLoLoLita who wrote (4260)1/4/1998 2:02:00 AM
From: Cacaito  Read Replies (2) | Respond to of 23519
 
First Call estimates: 1998 $0.90, 1999 $1.62
From Baseline (R), service provided via E-trade.

My comments:
1998 estimates will hardly support even current stock price, except for just stagnation pending 1999 better numbers.

NJ lines production up, and double their sales.

But lower margins ( due to International sales and lower US margins, plus capital expenses).

results in $0.90 in 1998 (stock price from $10 to $20, PE 10 to 20)

But Ireland plant lower costs (ready in one year?) and a huge increase in production and sales ( 4 or 5 times actual sales, this is double the 1998 sales).

Viagra out during the spring or summer and a rebound in sales after the real distribution of both markets stabilizes.

It takes us to the 1999 $1.62

And a stock price of about $30 to $40 (PE 20 to 25). Not bad for buyers at the actual price and even for the $20 buyers, but all this will be with big rides up and down.