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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: Mad2 who wrote (237)2/6/1999 4:08:00 PM
From: Mike M  Read Replies (1) of 5582
 
. If I had inside info on how their 4th quarter will report I could make a more informed decision.

Are you sure about that? I'm not so sure. My guess is that the 4th quarter earnings aren't so hot. GUMM was still in the process of validating products and may not have even turned a profit. Problem is, that is pretty much a known quantity. It is the ramp up, however, that holds the key to where to from here. What will it take, for instance, in the way of a comment how Zicam's initial sales are doing? How other products are doing etc.

You talk about picking shorts with a big downside and yet at 10 5/8 your comment doesn't wash. What are you doing still short? Hey, I know it sounds like I'm complaining but that really isn't the case. I love every short position. Because, I know that is future buying power.

Regards,

Mike
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