To: E'Lane who wrote (7022 ) 4/14/1998 7:52:00 PM From: Mkilloran Read Replies (1) | Respond to of 23519
Chip... The shorts have ruled here for a while ...lots of reasons why. Vivus limited supply, single product company, waiting on new plant approval, expenses for direct consumer ad's , major "FUD" factor around PFE's Viagra .....The price has been beaten down to an unreasonable low.... At these prices the potential reward is worth the risk...MCA approval for UK in DEC, MCA new plant approval in 1st qtr, FDA approval of new plant (packageing only) just approved, FDA approval to produce in new plant expected 2nd qtr. Argentina, Brazil, S. Korea, Switzerland just approved. Vivas management stock buyback of 2 million shares just completed, additional Vivus staff hired in key positions. New plant will be less expensive, more capacity, employees vrs contract staff (less expensive). International sales of $1.9 mill in the last 4 1/2 weeks in the UK...captured 27% of the current ED market in the UK in only 4 1/2 weeks of sales. United Europe, Canada, Mexico, China, etc,etc,etc. PFE's Viagra will expand the ED market...Vivus will have a good share of an expanding world wide market. New and improved Muse II in Phase III trials..expected to be approved late 98 ...and selling in early 99. New plant in Ireland ontarget... I don't see any indication that Vivus management is slowing down with their execution plan...they have tripped and stumbled and the stock has suffered...IMO is way oversold. New drugs to address NON-ED market in various stages of clinical trials. .................................................................... When will the shorts closeout their positions and go look for better short candidates ??????? Shorts have made a big bundle here... a turnaround is in site and the longs will be looking back in the Fall of 98 ...and only whish they bought more below 10.