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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: Carl R. who wrote (2191)2/5/2000 1:25:00 PM
From: DanZ  Read Replies (2) of 5582
 
Carl,

Hank's criticism of the sample size is without merit because nobody knows what the sample size is. I view his criticism as simply trying to plant doubt in people's minds because he is short GUMM. He has a habit of trying to find something negative in everything whether anything negative even exists. You think that this is good; I think that it hurts his credibility. Hank never has anything good to say about Gum Tech and doesn't give the company credit where credit is due. I have a hard time taking anybody serious that characterizes Zicam as "Ziscam" or "snake oil", or somebody that refuses to acknowledge that expectations for future fundamentals move stock prices to a much greater extent than past history.

People that are apparently experienced with statistics posted that a sample size of 100 is statistically significant in this case. Quigley's independent study on 100 subjects was published in the Annals of Internal Medicine. I don't think that their study would have been accepted for publication if the results weren't statistically significant.

A recent news story medformation.com said that the study on Zicam was conducted at four locations. Estimates are that up to 70% of colds are caused by the rhinovirus, and it is already known that all the serotypes of the rhinovirus use the ICAM-1 to infect cells. Based on Zicam's theoretical mechanism of action, it would be effective on all serotypes of rhinovirus, but not on viruses that don't infect cells through ICAM-1. We won't know until the details of the study are released if they proved the mechanism. If they didn't prove the mechanism with the last study, I think that they will try to prove it in a future study.

As for Hank's attitude, everybody deserves a second chance, and people have some control over how others perceive them.

I hope that you feel better soon, and thanks for the prognosis of how Zicam is treating your cold. You're right that it won't work for every cold, and I also wonder what consumers will think if it doesn't help every time. I asked the company about this a while back and they told me that they haven't received any complaints in this regard.

Dan
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