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

To: Mike M who wrote (1948)	12/22/1999 6:08:00 AM
From: out_of_the_loop	Read Replies (1) \| Respond to of 5582

I don't know, Mike. I spent several months studying in Sweden and it was about $27 just for a Pizza Hut pizza, not to mention the lutefisk. Unless they do videoconferencing, it might cost at least $1200-$1600 per round trip on SAS and they don't partner with America West. They could fly United to Arlanda but the price of the bus into town may not be included. Such startup costs... I hope they fly coach for our sake. ---------------- OK, so I am at my own edge of sarcasm and disbelief. The way some peole interpret this is incredible when you consider that they turned down the chance to produce nicorette for a fraction of the potential that they have just negotiated. I read the release over and over & there is nothing bad for Gum Tech in there: 1. GUMM must come up with the recipes and figure out how to produce the products. 2. GUMM must come up with the manufacturing and warehousing for the product. 3. GUMM must have a valid checking acccount to receive the $10 million and someone in one of the two companies has know how to convert Kroner to dollars. 4. Swedish Match must come up with the cash. 5. Swedish Match must come up with a worldwide distribution system and develop a customer base. Oh wait, both companies have basically done all that. Gum Tech has already dedicated a part of their expanded plant to nicotine - they had when I visited the plant in August. This is what they have spent a year and a million bucks getting ready for. Basically, they have done what they promised. While not terribly detailed, this is a very straightforward announcement. And it is very good for the company.

To: Mike M who wrote (1948)	12/22/1999 11:24:00 AM
From: Ron S	Read Replies (1) \| Respond to of 5582

Slight correction, Gum owns 49% of a new venture valued at $19.6 million ($10 mil for 51%). Many investors probably expected a link of Gum's nicotine technology with a well-known U.S. company and were thus disappointed. However, the U.S. smoker market has gone into serious decline, and most of the worlds' smokers are in Europe (and Asia). Thus, Swedish Match is the right combination. Of course, none of this will mean much in the next few months as Zicam is positioned to become one of the most talked-about and necessary products in the winter season.

To: Mike M who wrote (1948)	12/22/1999 11:50:00 AM
From: Eddy Blinker	Read Replies (1) \| Respond to of 5582

<I think your reasoning is circumspect.> Mike, <The nicotine market is huge and GUMM has a worthy partner for overseas and domestic distribution.> If the nicotine market is as huge as claimed and I have already a hot and very profitable selling product on hand with GUMM/Zicam technology then I do not need uncle Carl from Sweden. In return for his $10 million investment and 51% of my future profits originating in my own backyard. Nothing wrong or circumspect with that line of thought. Regards, ED