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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: DanZ who wrote (4332)5/6/2003 12:24:53 PM
From: DanZ   of 5582
 
A few comments about this very important milestone:

1. Some funds and institutions don't like to buy stocks in the absence of independent research reports and analyst coverage of the company. This report may open the door to more institutional and fund buying.

2. Many analysts don't like to be the first to write up a company. This report may very well open the door to more analyst coverage.

3. More analyst coverage should eventually lead to more market makers making a market in MTXX, better liquidity, and a higher stock price due to increased demand.

4. I have been waiting about two years for an analyst other than Gunn Allen to step up to the plate and write up this company's prospects. The stock is worth a lot more than 7 with two years of 40% plus sales growth, three straight profitable quarters, and a very likely 80% plus increase in earnings per share this year. It was only a matter of time before analysts and institutions discovered this stock.

5. There's no doubt in my mind that Mr. Lavigne will raise his price target when MTXX trades to $10 per share much sooner than 12 to 18 months. His price target and time frame add more credibility to his outlook.

I look forward to reading Mr. Lavigne's report when it is released in its entirety. Thank you, Mr. Lavigne for discovering this company and for having the initiative to be the first researcher out of the gate.
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