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


To: Mike M who wrote (1670)11/29/1999 5:35:00 PM
From: Street Walker  Read Replies (2) | Respond to of 5582
 
4th quarter earnings estimates (preliminary)

These are very rough estimates:

$9.5 million total sales (would be more but demand has exceeded production - sales to fill the 'demand' will go towards 1st quarter earnings; last release said "orders" are 5:1 increase).
$2 million advertising plus expenses to Citadel

$1 million in profit

13 cents earnings/share PROFIT =rough estimate for 4Q
Let me remind new investors last year 4Q was a 29 cent LOSS.

If there are any hedge funds or newsletters looking to get in on the ground floor of a turnaround situation, this is definately a candidate.

1 billion colds per year in the US is a lot to treat ! Management is doing all they can to increase production.
There are roughly 6.1 Billion people in the world. The common cold is something most everyone catches a couple of times per year. This is a product everyone needs!

The demand for Zicam just in the US has precluded filling the orders from other countries until the production capacity increases.

Regards,
S.W.