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Biotech / Medical : GUMM - Eliminate the Common Cold -- Ignore unavailable to you. Want to Upgrade?

To: Mike M who wrote (735)	8/1/1999 3:56:00 PM
From: DanZ	Read Replies (2) \| Respond to of 5582

Mike, I agree with you on the chart. After breaking previous resistance at 10 3/4, the stock has entered a higher trading range and successfully tested the breakout point several times. Several daily technical indicators that were extended during the last rally to 13 5/8 are now back to neutral. It is typical for a stock in a bull trend to consolidate in a narrow range while the short term indicators correct. The money flow was positive last Thursday and Friday even though the stock was down slightly. This is a bullish divergence, albeit the stock needs to close above the 20 day moving average at 12 3/8 to confirm it. Even though the stock traded above 13 several days a few weeks ago, it failed to close above 13 on a weekly basis. Consequently, a weekly close above 13 would constitute a breakout on an intermediate term basis. All things considered, I'm happy with the way the stock is acting, and the charts are confirming our belief in the company's bullish future. Based on my read of the tape, it looks like one or more big buyers have been accumulating a position the past two weeks. Rumors that one or more institutions are buying have surfaced, and I would tend to agree based on the amount of buying that I see. The pie chart at thomsoninvest.net also confirms that institutions have been trading the stock. Unfortunately it only shows you the last trading day, but I have seen days where 40 to 70 percent of the volume was institutional. HRZG backed off the bid late last week, but SLKC and somebody on INCA picked up their buying pace. My guess is that the institutions are buying through HRZG, SLKC, and INCA. They are being smart about their buying, picking up what they can on the bid and pulling back after they take out the offers. They clearly used the general market weakness last week to pick up stock as cheaply as they could. Still, the lowest they got it was 11 1/2 and very little stock was available there. The selling has pretty much dried up below 12. I'm glad that Zicam knocked your cold out so you can enjoy your vacation. Don't leave home without it. Dan

To: Mike M who wrote (735)	8/3/1999 11:27:00 PM
From: Bo Didley	Read Replies (1) \| Respond to of 5582

Anyone notice a whole bunch of buying that comes in the very end of each day... and at the last sececond, the bid is dropped and a few shares are sold to make it look like the volume is on the sell side for the day? Why aren't the longs playing the same game? Seconds before the close, buy 100 shares at the ask ! If there was ever an exciting time to be a GUMM investor, from now on is the time.. So many things on near term agenda about to transpire. bo