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


To: VLAD who wrote (18760)2/14/1999 11:18:00 AM
From: Greg22  Respond to of 23519
 
VLAD,

I agree with your valuations of Vivus that you described earlier.
In fact, I believe that the work of Crist and Gusendheit alone is worth $75 million.

If Vivus is able to sign a partner, more power to 'em. If Viagra is black boxed that is great as well. This will ramp the earnings to over $1 or maybe to $2 in the years to come. This would put the buyout price at $35-70 a share.

I like to assume the worst case scenario. This would be a buyout at $10-$11 a share. Leland will (should) do whatever is best for the shareholder value. If it is best to wait a year or two, so be it. However, there is a cost and a risk to waiting.

On another point, the hedged (shorts) have to become impatient, since it is very costly to hold a short position that is going nowhere. I think this is what we are starting to see...did you notice the 50,000 shares bought in the last 5 minutes of trading Friday?