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

To: betty moyers who wrote (13564)	8/18/1998 11:00:00 AM
From: Mark A. Stang	Read Replies (2) \| Respond to of 23519

Return to profitability I interpret the company's statements in the 10-K to mean that management does not believe VVUS will have a profitable quarter in 1998. You can't mix apples and oranges. If you interpret the benchmark to mean profitability for the entire year, then there can't be a "return" to profitability because VVUS was profitable in 1997, and on an annual basis has never left profitability in the first place. Don't we all use return to profitability to mean a company that has turned in a profitable quarter after several quarters' losses? I agree that a 10-K is not a marketing tool, and that VVUS management may be unduly pessimistic, or simply covering their rear ends, but I think they're telling us in the 10-K that they do not expect positive earnings in 3-Q or 4-Q.