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Biotech / Medical : Gum Tech (GUMM)

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To: ilh1 who wrote (44)1/28/1999 2:15:00 AM
From: DavidCG  Read Replies (2) of 133
 
Hiya Prosperous,

I understand your confusion...and here's the scoop which I hope makes it clearer for you.

GUMM owns 70% of Gel Tech and Biodelivery systems owns 30% of it.

Gel Tech, their subsidiary, makes it and GUMM distributes it.

GUMM gets like 70% of the revs I'd assume...Biodelivery 30%

Also, that news release was only put on the ZICAM web page tonight.

So, it hasn't dissemenated anywhere yet...meaning, you are basically on the ground floor before the mass market buys it starting tomorrow.

According to Yahoo msg board, Rite Aid and Albertsons are ordering this.

Umm.. guess that's it. I'm assuming that once the news is released, GUMM symbol will be on the news release.

Hope this helps you out!

Good Trading!

-DavidCG

P.S. Also wanted to mention GUMM makes Breath Assure, and Cigarrest gum, etc...AND, they are rumored to be bought out by a pharmaceutical company soon.

So, a lot of things are moving this stock higher..but, THIS is the common cold!

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