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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (4122)11/11/1999 7:47:00 AM
From: DanZ  Read Replies (2) | Respond to of 19428
 
InfoStream,

If all you see is red ink, then you didn't look closely at the forward looking statements. In just the first six weeks of the fourth quarter, sales of Zicam are more than three times that of the third quarter. This means that when the fourth quarter earnings are released, all you will see is black ink. If Zicam eliminates people's colds in 1 to 2 days, it won't be a fad. It will steal market share from other cold products on the shelf. If Zicam is proven to prevent the common cold, one has to be blinded by bias to think that it will be a fad. Sales won't stop in just the US. Consumers are telling the company that it works in 1 to 2 days. Don't you think it makes sense that they will start selling Zicam internationally soon? The next two to three quarters have the propensity to be blowouts for Gum Tech, and then nicotine gum will take the spotlight.

GUMM is a very dangerous short sale. There are only 7.5 million shares outstanding and over 800,000 are already sold short. The forward fundamentals support a higher stock price IMO, and short covering alone, or boxing by shorts, could move this stock well beyond its fair value in the short term.

Regards,

Dan