GUMM - Eliminate the Common Cold Message Board

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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: Kevin Podsiadlik who wrote (3973)	11/6/2001 10:28:50 AM
From: Mike M	Read Replies (1) of 5582

Who knew and, more importantly, who cares? He still would have lost the bet. He predicated his bet that there never would be any profit because there never would be a venture with Procter and Gamble. Turns out Wrigley paid up $20M more than the plant's book value partly because of pending business with P&G. Of course, its a really big "so what" since there was no agreement to bet. So let's not make something of this that doesn't exist. You know this whole arguing back and forth is a bunch of crap. The bulls on this stock overestimated the company's ability to make things happen, the bears underestimated their endeavors and the management has subsequently changed. I still own some stock because I believe in the product and Hank remains short because he doesn't. That is fine with me. If new management proves ineffective, then at some point I will sell. If they prove effective and the stock responds then I suppose Hank will buy back. Neither event will make or break either of us...of that I am sure. Perhaps we should agree to dispense with the heated exchanges because I, for one, don't really care about anybody else's position on this company.

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