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


To: JDN who wrote (1550)11/9/1999 8:29:00 AM
From: Mike M  Respond to of 5582
 
Dont underestimate the 3 Amigos, ...

JDN,

It isn't an issue of underestimating the 3 "bandidos" (dregs of society)... It is the recognition that they exist and the knowledge that the worst thing they can do is drive the stock price down to such compelling value that I buy more.

Their days of manipulating this stock are numbered. As Dan points out, the fundamentals, as this company's revenues grow, will eventually drive the train inexorably upward.

Life would have been easier if the company could have used the equity markets to raise capital....But they have survived without it....They didn't take the typical poison pill "floorless convertible" route and will flourish.

Good to hear about COSTCO....