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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: Mark Marcellus who wrote (3960)11/5/2001 8:57:01 AM
From: Mike M   of 5582
 
Really! See, Hank didn't caveat that bet with a, "What I meant was....." Furthermore, the Zicam business has been profitable as a stand alone for over a year....With gum manufacturing gone they probably go green this year anyway.

Time will tell if this was a good or bad deal for GUMM. I don't know yet. But, with one company owning 100%, marketing decisions will be simpler. Zenzano made a pretty quick return on its money and the BDT founders became millionaires. They should be happy.

The method of payment, by the way, appears intended to use future revenue to pay the lion's share of that $17M. But, I'm sure you knew that.

Mark, I appreciate your sarcasm. I know which side of this story you believe. Have we got unresolved issues?
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