Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: VLAD who wrote (13530)	8/17/1998 7:47:00 PM
From: Mkilloran	Read Replies (1) \| Respond to of 23519

vlad...milestone terms for the lease equiptment loan may have nothing to do with milestone payments from Astra or Janssen. They most likley have to do with production levels and sales limits set by the 'financial company ' doing the financing. Also the cost of the plant in Ireland can be financed thru Cash flow, the $25 mill on hand after the 2nd qtr, additional line of credit, etc. Remember....this company has no debt. A similar deal can be done upfront in Ireland...instead of forking out the cash to get new equiptment it can be financed the same way. The Irish government in an effort to produce local jobs, etc will help in various ways to offset the cost of the new factory. Also the future plant may be less expensive for a variety or reasons, lessons learned in building the NJ plant, design work, etc.