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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: Mark Marcellus who wrote (3716)3/1/2001 8:10:23 AM
From: DanZ  Read Replies (1) of 5582
 
<But let's just say that related party transactions between a mesh of privately held companies bring out the cynic in me.>

Everything about this company brings out the cynic in you.

<And my main point was that the joint venture was obviously in deep trouble, to the point where outside capital was needed just to keep it going.>

Gosh, they aren't just in trouble. They must be in DEEP trouble. What a bunch of biased negative hype. I saw just the other day where Coke and P&G formed a joint venture to jointly market products. I guess Coke and P&G must be in DEEP trouble. The reality is that BDT owns more than just their 40% stake in Gel Tech. Zengen's decision to merge with BDT had something to do with those other things, and something to do with the fact that they think they can make a lot of money with Gel Tech's products. Gum Tech didn't initiate the merger between BDT and Zengen, and didn't even have anything to do with it. There's not one iota of truth in your claim that the merger had any reflection whatsoever on the health of Gel Tech.

<This reflects directly on the success (or lack thereof) of Zicam.>

I don't see where Zicam has been a failure. Retail sales were up 40% last quarter and the company said wholesale sales are already above what they did in the first quarter of 2000. The reason that wholesale sales weren't higher last quarter is because retailers were working through an inventory correction from last year. How else can you explain retail sales being up 40% when wholesale sales were down about 50% from the fourth quarter of 2000?

You know something, Mark. I have very little time to spend on Internet message boards any more. I'm certainly not going to spend my few precious moments responding to negatively biased comments from uniformed individuals like yourself. You haven't made my ignore list, but I don't intend to reply to you again. Good luck with your investments.

Dan
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