GUMM - Eliminate the Common Cold Message Board

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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: pz who wrote (1399)	11/5/1999 7:53:00 AM
From: DanZ	Read Replies (2) of 5582

These two lines from the press release are most important. "According to Elaine Larson, editor of AJIC, the peer review process was in order and the manuscript was reviewed by experts in the field. It followed an accepted blind review process." Translation: The manner in which the study was conducted was proper and met our established policies and regulations. "However, based on the pre-release of data and related issues not in compliance with the established policies and copyright regulations of the Journal, the manuscript has been withdrawn from publication." Translation: We don't like the PR that resulted from the announcement. The bottom line is that the study is not at issue. The only thing that is at issue is that data was released before they published it. The only thing that isn't well understood right now is specifically what data was released that violated AJIC's policies. No matter what that data is, it is irrelevant to the efficacy or validity of the study itself. GumTech had a fidiciary reponsibility to tell shareholders that the study had been accepted for publication and most of the PR resulted from the media autonomously picking up on the press release. This changes absolutely nothing about the long term outlook for GumTech. They will still sell a lot of Zicam, nicotine gum is coming, a large dental gum contract is coming, and stock price will recover from the small hit that it might take today because nervous short term traders never intended to invest in this company anyway. There is still a large short interest in the stock and they know that they have lost in the long term. I believe that they will be buying today because this will be their last chance to get out of the stock before the second clinical results and nicotine joint venture are released. This isn't bad news when you think about it rationally and with a cool head.

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