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


To: Bill Wexler who wrote (2297)7/17/1999 9:27:00 PM
From: out_of_the_loop  Read Replies (1) | Respond to of 10293
 
1. GUMM is not espousing homeopathy as a medical practice so your point, if there is one, does not clash with the one at which is was directed.

2. 2% Zinc gluconate delivered nasally as Zicam results in systemic absorption less than the RDA. I mentioned that one could take an entire bottle of Zicam and not absorb the RDA of zinc. People who take oral zinc tablets will absorb more zinc than those who take Zicam but the former will not be able to have the zinc act at the level of the nasal epithelium. The point about Zicam is that it delivers Zinc Gluconate to the site of infection. Someone posted a patent for Zinc Acetate on another board showing that it was patented for cold use in the mid-90's. This was an oral prep and clearly shows that the government does not believe the substances containing amounts of ionic zinc similar to those in Zicam to be harmful. If the U.S. Government did, logically 2% Zinc Gluconate would not be able to be classified as it is.

Your arguments about "we cannot prove this substance is safe and effective" are specious because the government already classifies it as safe and the studies have been submitted (with more on the way) to demonstrate its effectiveness. It's that simple.

The valuation of the stock is or should be based on the potential or real (depending on whether you are a "growth" or "value" investor) profits that a company may demonstrate.

The fact that GUMM/GelTech has placed Zicam in over 40,000 stores for this cold season means that the potential for profit is more than hype. The fact that you cling to your short for specious reasons speaks for itself as I stated. If people want to short because they believe it is overvalued that is fine with me. May the best investor win, so to speak (that is, whoever can judge the market). But, if people short because of inaccurate allegations of fraud, I think the perpetrator of such allegations is guilty of fraud (specifically, libel).

Specifically, are you publicly accusing R.S. Davidson, C. Hensley, G. Kehoe, W. Hemelt, H.B. Russell of GumTech, BioDeliveries and GelTech of fraud and deceptive stock manipulation practices?. If so, state it as so and we will leave it up to others to decide who is perpetrating what. So, Bill Wexler, are you publicly accusing the aforementioned individuals and their associates in the aforementioned corporate entities of stock fraud and stock manipulation?



To: Bill Wexler who wrote (2297)7/17/1999 9:40:00 PM
From: DanZ  Read Replies (1) | Respond to of 10293
 
<Dear consumer, we are labelling this "medication" homeopathic because we can not prove that this substance is safe and effective. In fact, it may even harm or kill you. This substance has not been approved by the FDA or any other regulatory agency.>

This is another one of your gross misrepresentations of the facts. The following letter would be more appropriate.

Dear Consumer,

We are labeling the Zicam cold remedy as homeopathic because its active ingredient is Zinc Gluconate 2%, a substance that has been determined by the FDA to be safe. We conducted a clinical study on Zicam that proves it reduces the duration of common cold symptoms by 87.5% from an average of 12 days to an average of 1.5 days. The results of the study were accepted and published by the New England Journal of Medicine. The FDA has approved companies to classify products as homeopathic if they contain Zinc Gluconate.

The only statement in the paragraph above that has yet to occur is "The results of the study were accepted and published by the New England Journal of Medicine". All other statements in the paragraph above are true and can be verified by contacting either the FDA, Gel Tech, or GumTech.

You're digging your hole deeper with every one of your misleading posts. You've run into some well read investors this time that won't accept your nonsense. Add that line to your list too.



To: Bill Wexler who wrote (2297)7/18/1999 3:59:00 PM
From: Ellen  Respond to of 10293
 
Dear consumer, we are labelling this "medication" homeopathic because we can not prove that this substance is safe and effective. In fact, it may even harm or kill you. This substance has not been approved by the FDA or any other regulatory agency. While you're at it, please buy our grossly overvalued stock (symbol GUMM). We are sure that doing so will be just as beneficial to your net worth as Zicam is to your health.

I'd heard about this discussion and have been reading along somewhat. My desire is not to "get involved in the fray" but merely to pass on a general thought or two, FWIW.

When I read this comment of yours I have to admit to being a bit incredulous. More and more in the very recent past, the benefits - or potential benefits - of herbs and the like have been accepted and brought into the mainstream. Look at One-A-Day (I think it's them) who now offer not only vitamins but herb tablets/capsules, etc. I really chuckle when I see those ads for Dr. Art Ulene stating he was wrong about vitamins. For years his position was that if a person ate a healthy diet they didn't need to take vitamins. He now admits (belatedly) that he was wrong about that.

There are many products on the market that are known to be beneficial but are not "medications" per se. Or FDA approved, for that matter.

Look at aspirin. It's now recommended that certain people take one each day for varying reasons - one being its ability to help prevent blood clots. Indeed, it's now recommended that anyone suffering a heart attack take an aspirin immediately.

In a roundabout way, I guess, I'm suggesting that there are substances/herbs/etc that are known to be beneficial that are not medications and/or not FDA certified. Are they all classified by you as "homeopathic" thus "quackery?"

To my mind the FDA is not infallible and I dare say there are products that are FDA approved that shouldn't be.

Just my $.02.