GUMM - Eliminate the Common Cold Message Board

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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: DanZ who wrote (2127)	2/27/2001 12:14:10 AM
From: Mark Marcellus	Read Replies (1) of 5582

Earnings of $2.05 likely this year (my estimate). Dan, it looks like you missed by a bit. If I'm doing my math correctly, GUMM will post a loss of $.81 this year. And that's with the help of who knows how much in related party transactions from Zensano to prop things up. Also, about a year ago, some of us were guessing that GUMM may have achieved that Q4 1999 profit through stuffing the channel. This was heatedly denied by others. Yet, how else are we supposed to interpret this statement from the company? The Company's net sales for the quarter were $5.0 million, down from the prior year's level due to the sizeable introductory shipments to retailers of Zicam(TM) Cold Remedy in late 1999 when distribution channels were initially being filled. For the year-ended December 31, 2000, the Company reported net sales of $13.3 million, versus $15.5 million in 1999. You have always claimed to be a regular investor who aspires to being a stock analyst. If you wish to lay claim to that title, I don't see how you can continue to deny what is obvious to anyone with a clear mind and basic arithmetic skills.

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