YET ANOTHER "ZICAMMED" LAW SUIT POSTED ON YAHOO
invest_like_an_idiot
by: painfullyblunt2004 02/12/04 07:58 pm
Msg: 88985 of 88987
This guy sounds like a corporate defense lawyer and/or corporate spin doctor and/or stock pumper.
He presumes to try these serious cases in advance in his own mind, dismissing them outright as meritless, and endeavors to persuade others to do the same. He attempts to wrongfully portray the risk from these lawsuits as negligible to prospective MTXX shareholders in an effort to generate stock purchases.
Whether there are prescription medications that can potentially affect the sense of smell is completely irrelevant to your prospective investment. Zicam is not a prescription medication, and has not been subjected to the same rigorous screening that prescription medications are. The FDA analyzes data from medication clinical trials in different ways, considering the relative seriousness of side effects and the incidence of side effects, and balancing them against the benefit of the medication and the seriousness of the underlying disease or disorder to be treated.
Yesterday another Zicam anosmia lawsuit was filed against Matrixx Initiatives, Inc. and Zicam, LLC, among others. The case is Ringbauer v. Matrixx Initiatives, Inc., et al., Superior Court of Arizona, Maricopa County, Cause No. CV2004-002822. It was filed by two nationally known medical products liability and class action firms.
If you think lawyers like this are reckless ambulance chasers, you are wrong. These are the big boys.
Don't let idiots like this shameless pumper convince you there's no risk. We have just seen the tip of the iceberg, and, in my opinion, MTXX is cruising toward it like the Titanic. If you invest in this company now, you had better do it with eyes wide open. In my opinion, if you are not in a position to take a sizeable risk, there are greener pastures to explore. This ship is in for a rough ride.
All situations like this are subject to interpretation and opinion. Of that there is no doubt. This is my opinion--take it for what it's worth to you.
However, for ANYONE to suggest that there is little to no risk from this burgeoning litigation problem is nothing shorty of idiocy.
Posted as a reply to: Msg 88926 by invest_like_buffet |
