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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Timoteo who wrote (11226)7/8/1998 9:46:00 PM
From: Roger A. Babb  Read Replies (1) | Respond to of 18691
 
Timoteo, looking bad for VVUS biz.yahoo.com



To: Timoteo who wrote (11226)7/8/1998 9:57:00 PM
From: Tom Hua  Respond to of 18691
 
Timoteo, last chance to short VVUS indeed. I shorted a bundle at 9 3/4 yesterday. The earnings report tomorrow will shock the last believers in this company. I expect revenues to come in around $10 M vs. $27 M the previous Q, and $33.5 M the Q a year ago. For the Q ending 9/98, revenues will be no more than $5 M. The entire sales force was let go and will only be selling MUSE on a limited basis till yearend.

biz.yahoo.com

Regards,

Tom


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