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


To: mc who wrote (11006)7/9/1998 6:23:00 PM
From: VLAD  Read Replies (4) | Respond to of 23519
 
Here are some calculations on product sales both domestic and international:

Domestic:

Income from domestic sales in Q2 was only 6.2 million compared to 24.5 million in Q1. So the Viagra effect ate no less than 75% of domestic net income. This is not good but it was expected and between the media hype and every older guy wanting to give Viagra a spin it is the worst part of the current situation.

International:

Income up from 2 to 9.8 million from Q1 to Q2 which represents a 490% increase. With new countries coming on line each month I believe that Q3 international income will easily surpass 20 million.

Also, don't forget milestone payments in Q3--Canada for sure at 2 million and an additional 10 million if Spain, Germany, France, and Italy give approval.

The key at this point is for Vivus to cut a domestic deal with J&J or Astra/Merck ASAP since domestic sales have such a high profit margin.

With increased international sales, no sales force expense and a strong domestic partner, Vivus should be able to manage a profit of at least 20 if not over 30 cents in Q3.