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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: Street Walker who wrote (1672)11/29/1999 8:58:00 PM
From: Mike M  Read Replies (1) of 5582
 
My 4th quarter earnings estimate....(preliminary)

Zicam sales $6.5M*
Gum sales $1.1M
-----
7.6M

*orders currently represent over 5 times last quarter $1.1M but production having difficulty filling....Expect additional manufacturing no earlier than 15 Dec 99...but could be later....assuming worst case!

Zicam gross profit margin 60%.

6.5M x .6 = $3.9M gross profit
Advertising and interest expenses $1.5M
Zicam net profit $2.4 M
gum net loss .3 M

GUMM net profit 2.1 M 4th quarter EPS.... .27

and....wait til next year!

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