GUMM - Gumm Tech International Inc. Message Board

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Non-Tech : GUMM - Gumm Tech International Inc.

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To: Allan F who wrote (50)	11/21/1997 7:26:00 PM
From: Mike M	Read Replies (1) of 148

Allan- Actually their market cap is just under $55M...(5M shares at 10 3/4). Production capacity is a tough one. I understand they can make as much gum as anyone could want...Packaging and coating are the bottlenecks...The 460k warrants at $7 were called to address plant expansion...which is happening... Trying to value a stock at the cost of plant isn't very scientific nor does it appear to stand up in the market place...More important is the potential sales/earnings... Zolt was a good example why your valuation method didn't work! Mike

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