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Re: MSGI post# 13741

Monday, 06/13/2005 3:13:04 PM

Monday, June 13, 2005 3:13:04 PM

Post# of 173904
Do you have a link to a PR or filing that discusses this? Or was it discussed at a conference....

I believe you, but I'd like some independent confirmation.

BTW - I listened to the CC again, and the sales increase for FY05 has fully factored in the 26% price increase. Management decided to be conservative with regards to actual organic growth via prescriptions, hence the "conservative" guidance of sales growth of 37-46% y/y. Q1 scripts were +22% over the same time frame in Q1 of last year.

Also, it appears that there was some restocking of the product by wholesalers during Q1; that was completed by the end of the quarter, according to the company.


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