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


To: blankmind who wrote (9416)6/9/1998 5:01:00 PM
From: John W. Andrews  Read Replies (2) | Respond to of 23519
 
VVUS had 44 million cash as of last Q.....losses right now are estimated at (.15/sh) this quarter so lets make at a loss of 30 cents/share
times 34 million equals.....roughly 11 million cash burn...no problem making into Q3 and 4 .....as long as its not into the 50-75 cent loss area....

Regards

Dr. Andrews




To: blankmind who wrote (9416)6/9/1998 5:01:00 PM
From: g.w. barnard  Read Replies (2) | Respond to of 23519
 
blank,
don't forget this from the 10k.

The Company
anticipates that its existing capital resources may not be sufficient to support the Company's
operations through the commercial introduction of MUSE (alprostadil) in all international markets or
for the introduction of any additional future products. During 1998, the Company anticipates using
financing sources, such as receivables financing, lease financing and credit lines, to provide
additional capital resources. The Company may also be required to issue additional equity or debt
securities and may use other financing sources including, but not limited to corporate alliances and
lease financing to fund the future development and possible commercial launch of its future products.
The sale of additional equity securities would result in additional dilution to the Company's
stockholders. The Company's working capital and additional funding requirements will depend upon
numerous factors, including: (i) the level of resources that the Company devotes to sales and
marketing capabilities; (ii) the level of resources that the Company devotes to expanding
manufacturing capacity; (iii) the activities of competitors; (iv) the progress of the Company's
research and development programs; (v) the timing and results of preclinical testing and clinical
trials; (vi) technological advances; and (vii) results of operations.

they will need some cash burn rate 6 mil qtr. (i am anticipating 3rd and 4th qtr to be positive and lessen the demand for additional funding via equity financing). am hoping they can meet obligations by lease fin, accts rec, or credit from traditional sources.

gw

ps way oversold at this level.