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Spectrum Pharmaceuticals, Inc. Message Board

  • stringandtwocups stringandtwocups Mar 20, 2013 8:24 PM Flag

    my impression of webcast

    1) ken keller speaks very well
    keller said when he got to sppi the talent level was not up to snuff
    keller explains "fus debacle of last week " was due to sppi only understanding "wholesale buying of fusilev" but didnt appreciate/comprehend/understand/fathom....... how "end users" meaning hospitals and doctors were using fusilev.............. ( my comment here is WHAT ??? #$%$ ??? are u kidding me ??))
    2) keller next says due to sppi downsizing by 100 million top line revenue (plus or minus) due to fusilev not sustaining its sales/usage............that sppi corp will push aside doing stuff and just concentrate on a handful of stuff...........and at this point in conference call keller says they should still be able to be profitable in 2013 and therefore sppi can continue to properly move forward on the narrowed "handful of stuff" that keller says sppi will now concentrate on ( leaving all other stuff on the bench for now) (my first reaction to this is ,,,,,, ok,,,,,,,so reading between the lines keller is saying no sppi taking out loans or dilution of shares til end of 2013............ but come jan 1, 2014......... GUESS WHAT IM THINKING.........(rhetorical question folks)
    3) 143 milion cash on hand says keller...........
    4)nda belinostat this year.............2014 two nda submissions.......... fda approvals 2014 late and 2015 late ?
    5) we didnt have any mkt research group and we didnt have the indpdt ?? to tell us how wholesalers were getting backlogged as end users werent taking all wholesale inventory. keller to s/h says " i am sorry"
    MY COMMENT HERE - OMG . OMG.........TELL ME IM DREAMING............
    KELLER IS saying between the lines......that he just arrived at sppi corp and sppi was and is "not up to snuff"
    keller wants us to appreciate, with him/keller and other new quality hires......sppi management WILL NOW BE UP TO SNUFF .......AFTER PPS WENT FROM 12.50 TO 7/SHARE..........
    MY THOUGHT AT THIS POINT IN CONF CALL; has raj stepped down ?

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    • ok.........i just heard raj say that sppi has 143 million but he needs that money to operate the sppi corp going forward..........so while he will repurchase some sppi stock .........its not gonna be massive............(just as i suspected and in fact this raj stmt at end of conf call reaffirms to me that going forward sppi will need more money to further its operations and development and growth. i am convinced of such beyond a shad0w of a doubt. i am also pretty much convinced that sppi mkt cap will in fact reach its HISTORICAL HIGHS IN 2015-2016. AND AFTER THAT.2016.........SPPI MIGHT BECOME A MULTIBAGGER.

      • 3 Replies to stringandtwocups
      • Hard to believe that "String with two balls" continues to rant and rave like the
        ROOKIE lunatic that he is. Check it out-He was pumping this POS @ $12, and continues
        to to spit out his useless, thoughtless information. Don't let this ROOKIE bag you in
        this loser. ROFLMAO REDUXX!!!

      • String, IMO, If some of those NDA's are approved by the FDA, especially, APAZ, this is a stock that goes a LOT higher than historical highs in 2015-2016...I think it might go back to historical highs once the FUS/FOL/ZEV revenue contribution mix kicks in altogether in a generally predictable and profitable pattern of growth..The FUS-generic FUD factor overhang should finally be over and done with..That was a HUGE bolder on the back of the stock..The focus can now be on the anticipation of the NDA's and pipeline progression, with predictable revenue growth that becomes more and more revenue growth going forward....This is all good...I can't find anything negative other than the FDA rejecting everything...but many, many shots on goal betters the odds......Dawn of a new era, blessing in disguise..exaggerated, overblown very temporary black swan event. Just what I thought was occuring all along.......now, I am back to grinning along with Tartia once again.....

      • String

        I hoped you liked my questions... KK and Raj came to thank me afterwards.
        It almost seemed that no one cares anymore (at the conference).
        Without me asking questions, the CC would have lasted the 40 minute tops.

        Now I see that Pippo calls you a basher.... That's just too funny,

        The Gunner

        Sentiment: Sell

    • CONTINUATION #3) ok folks........ive heard enough ..........they are up to the 4th question & answer............
      i am left VERY UNIMPRESSED WITH CONFERENCE CALL. I AM MOST UNIMPRESSED WITH RAJ.
      WHAT CAN I SAY............. STOCK WENT FROM 12.45 TO 7/SH AND THIS CONF CALL IS NOT INSPIRING ME UNTIL THE YEAR 2015-2016. SORRY........TRULY SORRY TO THE SPPI LONGS . THE more raj speaks the more depressing it gets. sorry sorry.........really truly to my fellow longs.
      hope im wrong........... i forecast raj will dilute shares in 2014 sometime...........and i forecast pps in 2013 is not going back to 12/sh............not even $11/sh............ and i wont even go further on this line of thought.

    • lets hope for longs sake that keller can keep to his word because.. as soon as Raj started talked the whole mood of the meeting changed.. he should take an extended sick leave or just hand the reins over to Keller and work on the BOD.. my whole question is how is this going to stop the hospitals from ordering the generics and where is Fusilevs actual annual sales on a 5 year run rate? can we expect a smooth $75M to $100M? I would imagine the $214M was a one time event? But expect for the next 4 quarters the $160M - $180M and small profit or a not so surprise loss.. I do not see how you can lose $120M - $140M of sales 46.7% on the low estimate and post a profit.. I just dont see it? Some businesses actually increase sales but post a loss because of "price cutting" and isnt that what SPPI and Fusilev has to do to compete.. price cut? I think there is more underneath that we do not know.. and that Keller does but is doing is best to fix.. sorry to say but the selling pressure after this announcement has been steady with no spike of life and I did not see where todays meeting helped matters. For me it MADE IT WORSE because I realize this IS NOT A FIVE BILLION DOLLAR company but a under TWO HUNDRED MILLION DOLLAR company.. small small cap! good luck guys I am praying for you!!! my call was sell $7.80 and am WAITING to cut some of the LOSSES.. I will wait..

    • continuation #2) raj w/r to topo............. raj seems to be saying sppi w/b going the milestone payment route and NOT GOING TO BUY TOPO INC. (im thinking ok,,, but if belino gets fda denial,,,,,,,, ouch !!)

      raj says sppi will repurchase sppi stock..........raj dont say when ......raj dont say how much repurchase will occur....................( my thoughts here........ #$%$ RAJ ?? THATS VAGUE, AND NOT RELIABLE)

    • continuation............my thoughts at this point in conf call............omg........is raj gonna stand up in 4 seconds and announce he is putting keller as ceo ?? will raj just become a key component but no longer face of sppi ?? after hearing this conf call..............does anyone listening actually want raj leading this company any longer ? shouldnt raj give back much of his compensation or at very least volunteer to work for dramatically less money going forward based on a formula tied to sppi mkt cap ?
      besides zevalin, folotyn, and fusilev.........no other drugs in sppi ownership will be deriving revenue for years to come ..........assuming fda approval and not assuming fda denial nor crl letter.
      my thoughts here: zevalin is not yet "sticky".........zevalin might have meaningful revenue in 2015 ??
      folotyn is good revenue and fusilev is still good revenue............but i am in fact forecasting in 2014 sppi will definitely need more FUNDS..............
      HEY........FOR 2013 IM NOT SEEING SPPI GOING BACK TO EARLIER MKT CAP. S0RRY. BUT WHAT IM HEARING IS A LONG TERM INVESTMENT HERE. 2015 -2017 i do in fact believe SPPI CORP will have its HISTORICAL HIGH MARKET CAP. ITS HISTORICAL HIGHEST PPS , IMO, W/B REALIZED IN 2015-2017 OR 2015-2016 time period. THAT IS, IMO, WHAT, THIS CONF CALL IS TELLING Me.
      at this time..........i am typing as i listen to conf call...........raj has just got up to speak........

      • 1 Reply to stringandtwocups
      • and today for the first time I saw Raj as an arrogant ego-manic.. millions of dollars and a CEO position will do that do people.. do not expect anything from Raj as he obviously does not care about the average shareholder.. at least Keller had enough class to say "Im sorry".. did you hear an apology from Raj who's fault it was? or did you hear him go at it again and boast how great Fusilev is/was.. sorry strings but today for the first time I SAW THROUGH THE MAN.. wish I did alot sooner!!!

 
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