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Biotech / Medical : GUMM - Eliminate the Common Cold

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To: Kevin Podsiadlik who wrote (4337)5/6/2003 12:55:16 PM
From: DanZ  Read Replies (12) of 5582
 
Did you even bother to read what Edgewater wrote about TurboChef? Let me help you out.

The company's current financial condition is precarious and it was just recently delisted from NASDAQ to the Bulletin Board. In spite of its financial challneges, we still see TRBO as possessing substanitl potential. The company is clearly at a critical juncture in terms of its success and perhaps it survival. The stock is highly speculative at this point.

You may not like TurboChef, but Edgewater's comments are fair. Anyone that bought that stock as a result of their research report got into it knowing the situation. I don't have an opinion on TurboChef...don't follow the company and have no interest in buying it, but to imply that Edgewater isn't credible because you don't like one company that they cover makes you look foolish. Do you have any BS comments about the other companies that they cover? By the way, delisting from Nasdaq to the OTC bulletin board may not be good news, but it doesn't mean that the company won't survive. For all you know, Edgewater might eventually turn out to be right about TurboChef.
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