Enamelon (ENML) - Does anyone follow this? Message Board

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Non-Tech : Enamelon (ENML) - Does anyone follow this?

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To: Ann Corrigan who wrote (529)	4/15/1998 12:19:00 PM
From: Mama Bear	Read Replies (1) of 863

I never said it was a scam. It is a one product company with little working capital that is competing against well capitalized, diverse, multinational corporations. Most new consumer products fail, well over 90%. Even if ENML beats the odds and successfully brings the product to market the price will be massive dilution of the current shareholders interest. Looked at in the brightest light, ENML is a short sell even at these levels, IMO. BTW, I believe it was the filing of the 8k yesterday that caused it to fall through 9 3/4. As far as it's being up a little, I call that a dead cat bounce. I actually shorted a little more today at 9 11/16. Barb

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