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Non-Tech : Bill Wexler's Dog Pound
REFR 1.560-2.5%Nov 7 9:30 AM EST
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To: Mad2 who wrote (4128)10/3/1999 12:23:00 PM
From: DanZ  Read Replies (1) of 10293
 
<your (sic) a GUMM tout not a trader>

Wrong. I'm an investor in GUMM and a trader of countless other stocks. If you want to know which stocks I have traded since 1996, look around SI and you'll find them. A person who holds a long position in a stock that you don't like isn't a tout. I don't tout my long position in GUMM any more than the bashers here tout their short position.

<do you understand the concept "time value of money"?>

Yes I do, but what does this have to do with my investment in GUMM?

<Buying a stock isn't like taking a political stance>

No it's not, but what does this have to do with my investment in GUMM?

<I always though (sic) the purpose of buying or selling a stock was to make money.>

Yes it is, and that's why I'm long GUMM.

<I find it interesting that your touting GUMM and I will benifit if your sucessfull.....and if not (implying the price of GUMM drifts down) then I won't benifit (or as much).>

I have no idea what you are trying to say here.

<do you happen to know GUMM's return policy on unsold merchandise for Zicam>

GumTech puts a percentage of sales into reserves to cover estimated returns and damaged goods. The amount of reserves is based on an industry accepted average and is very conservative. The reserve amount is subtracted from total sales to arrive at the stated revenue on the income statement. The shelf life of Zicam is about two years, so it is doubtful that any would be returned because it expired.
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