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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: DanZ who wrote (2045)	7/13/1999 1:58:00 PM
From: Mad2	Read Replies (2) \| Respond to of 10293

Dan, If GUMM is going to grow as you say they are under capitalized. To believe that they are going to stroll into a market and steal market share from someone else while making money and not consuming huge amounts of cash and execute this reliably while they have their thing proceeding with Gel-Tech is overly optimistic to say the least. The subject of calling a company a "fraud", "scam" or "crim" is a determination of intent when things don't work out (particularly if we include stupidity as pat of fraudlent behavior) . Anytime you have a enterprise whose market value diverges from its fundamental value (ie market value higher) you have a problem, either with past actions or potentially future actions. A case could be made here with GUMM, however I'm not going to get into it becasue it doesn't change anything. Using the lable fraud or crim on these boards generally means that the companies stock is overvalued and managments efforts (or mistakes that involves the stupidity factor) have been involved. A very descriptive term that does the job. The intent component is a subjective determination and difficult to prove either way. The real proof comes down the road, with the results of the company. Best Regards, Mad2