To: Mad2 who wrote (1894 ) 7/11/1999 8:54:00 PM From: Mike M Read Replies (3) | Respond to of 10293
Tone it down Mike or your likely to attract a number of investors who perscribe to fundamental analysis to look into the story of GUMM. Mad2 I appreciate your concern and openness. However, I have no concern about attracting a number of investors who prescribe to fundamental analysis. The fundamentals will be in place very soon. If GUMM were to endure another bout of short selling (above and beyond the 900K shares already short) in the short term, that would merely make the concomitant result all the more explosive. I have been an investor in this stock for some time and have suffered thru the period when my confidence was shaken and could have easily walked away. Not having done so, then, I could not imagine doing so now. Fundamentals is what will ultimately vindicate my faith in the management of this company. I also believe there will continue a steady stream of products. It is my belief that Bill Wexler has been embarrassed by these exchanges, and well he should have. I also think that the comments Dr Epstein, Dan and I have proffered will at least give those who can think for themselves reason to question shorting this company. I, like Dan, reserve the right to short (even against the box) this company as well as any other should they become too pricey. But not on the basis of Wexler's blatant innuendo and misinformation. I am sure that he has been right in the past and may make a successful call again, but if nothing else comes of today's banter, I would hope he would think twice before he casts aspersions on a company before he has a shred of evidence. Take a look at QGLY for a peak at what happens after the fall. Mad2 I am a little disappointed in this comment. I would hope that you know enough about GUMM that you would recognize the differences between the two companies. They are huge and will continue to widen.