I am not going to get in the habit of replying to your BS, Floyd, so don't get your hopes up.
First, there is absolutely no link, either through clinical research or legal precedent, that any of the ingredients in Zicam causes anosmia. I challenge you to find something Mr. "Truthseeker" and self proclaimed "Forensic Internet" search guru that proves me wrong. Your goal is to create controversy. You have absolutely no regard for the truth.
Second, Zicam Cold Remedy has a ph of 7.2, which means that it is a base. Anyone that calls Zicam Cold Remedy a "zinc salt", "saline solution", "caustic", or "acid" do not know what they are talking about. Any substance with a ph greater than 7.0 is a base. Any substance with a ph less than 7.0 is an acid. Salts have a ph less than 7.0 and are acidic.
Third, reports indicate that some people lost their sense of smell when they had a cold, which was even pointed out in one of the articles that you posted. It has nothing to do with any OTC product that they took. Do you even bother to read what you post or do you just cut and paste with reckless abandon?
Fourth, the burning sensation that some people describe when using Zicam Cold Remedy is most likely caused by the preservative benzalkonium chloride. This preservative is more likely to cause a burning sensation if one's nasal passages are already irritated due to their having a cold. Benzalkonium chloride is commonly used as a preservative in many OTC and Rx eye washes (Visine, Acular, e.g.) and OTC and Rx nasal sprays (Afrin, various branded and generic nasal saline sprays, NasalCrom, Zicam Cold Remedy, Otrivin, e.g.). It has been used for decades with few adverse side effects. If someone wants to argue that benzalkonium chloride caused their anosmia, they better be prepared to explain why all the other OTC and Rx products that have been on the market for decades passed safety tests submitted to the FDA, and why nobody has ever won a judgement (Anosmia claim) against any company that sells products containing benzalkonium chloride.
Fifth, millions of people have used Zicam Cold Remedy. Only a handful of people in a Yahoo Group claim that Zicam caused their anosmia. The percentage of people making this claim is so insignificant compared to the universe of Zicam users that it is obvious their claims have no merit. It isn't even a certainty that the posts in the Anosmia Group are legitimate. Some of them could have been planted by a desperate short seller in a sick attempt to stir up controversy. Many of posts in the Anosmia Group were written well over a year ago, and your posting old news here and there doesn't make it new news.
Last, Matrixx has product liability insurance, which according to the company's management is sufficient for their business. That said, it is a long shot that anyone would win an anosmia claim against Matrixx. If someone is hanging their short position on such an unlikely outcome, they are incredibly stupid. Who in their right mind would short the stock of any company on a prayer that someone will first sue the company, second win a judgement, and third that the judgement would even be material if they did win.
According to the company's own guidance, earnings will be up more than 100% this year over 2002. Earnings should be up another 80% to 100% minimum next year. At about 23 times next years estimate, the stock is very cheap compared to the company's growth rate. This stock will be trading in the 20s sometime next year despite your ridulous rants on various financial message boards. And one more time, Floyd, don't look for me here very often. You can own this message board and spam it all you want for all I care. The stock will do my talking, and it's talking very clearly. It is saying that you and anyone who is short are wrong, period. |
