SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: Mad2 who wrote (5249)12/4/1999 2:21:00 PM
From: DanZ  Read Replies (2) | Respond to of 10293
 
Mad2,

What a crock of crap you are. The options in question were issued years ago when GUMM was trading in the 5 to 7 area. That's why they are priced at 5 to 7. They were not issued at a discount to the market. The fact that the stock has gone up is a tribute to the company building shareholder value by bringing new products to market. As time goes on and sales increase, your claim of "speculation" becomes even more bogus. Sales will be up at least 500% in the fourth quarter from just the third quarter and the price to sales ratio that you were so concerned about only a few months ago will be much lower.

Companies from AOL to CSCO to YHOO issued options years ago when their stock prices were much lower. As their stock prices increased, people exercised options. BFD! Edgar is filled with filings like these and they have absolutely nothing to do with the company's business or where the stock will trade in the future. Your logic is seriously flawed and you have once again demonstrated a complete lack of understanding of the capital markets.

Single digits by March/April?? LMAO! My prediction is 30 to 35 by March/April. Let's meet back here then and see who is closer.