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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: Mad2 who wrote (4022)12/2/2001 1:56:13 PM
From: DanZ  Read Replies (1) of 5582
 
<Anyway looks like GUMM is yet overvalued and simply a dead stock.>

On what basis do you assert that GUMM is overvalued? It's easy to type a line of BS, but how about providing some muscle behind it. GUMM is valued at about twice their cash and they have no debt. The interest on their cash balance alone is sufficient to cover all their overhead expenses since they shed the gum business. Come on, Mad, tell me how GUMM is overvalued. What a joke. Mike already replied to your other BS so I'll leave it at that.

A dead stock? Yes, but dead stocks can come back to life when you least expect it. Given the low valuation relative to the assets, high short interest although it has declined three months in a row, odds that at least the next two quarters will be profitable, and the fact that Gum Tech is pursuing a new partner for their nicotine gum products, make it is much more likely that the stock will move up from here than down.
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