Anax,
<Just a warning to the other readers of this thread> This is the most recent "expert" comment you have made, but I took the liberty of going back to some of your earlier ones...The next one was a real clever one you made to someone (a reference to GUMM's revenue prospects for 1998):
<That sounds about right: $100, $200, $300..., heck they might even shoot the moon and hit $999. Once they no longer are able to count their barter arrangements as revenues, heck, the sky's the limit.>
How about sourcing this one Anax...Shouldn't you have labeled this one as a warning to the readers of this thread- maybe you had an agenda...This is careless, uninformed mockery. What insight did you have of the company to air this spurious opinion....Let's see your source.
In an earlier message you lament not being able to find shares to short...Interesting since the Wall Street Journal continues to show increasing shorts each month...They are up to 909K reported as of Wednesday's edition. This with an average of 57K shares being traded daily...If I were you I would hope that I was not responsible for encouraging one person to short a company I knew so little about... Can you imagine the chaos that will ensue if (yes, and I believe when) this company really does surprise all those shorters?..
I know, everybody is a big boy and responsible for their own decisions. But not so responsible that you don't have the obligation to warn them about me. Huh?
One last comment, Anax, since you are so smart. Answer me this: If GUMM has no more value than just a specialty gum maker, then why is Nabisco, a well known gum maker, doing any business with them at all?....You are going to have to think on this next question. Do you think Nabisco, a multibillion dollar in sales company, would be interested in signing Gumm to a multiyear contract for a few hundred thousand dollars in sales? Get real.
Affectionately Yours,
Mike
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