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To: Ron McKinnon who wrote (21745)12/29/1999 9:37:00 PM
From: pz  Respond to of 53068
 
Chat GUMM

GUMM stock has a history of falling toward the end of the quarter and then rebounding at the start of the next quarter. If this trend holds then GUMM should start rebounding at least by next week.

GUMM has fallen from a high of 20 1/2 6 days ago to it's present 15 3/4. It's fallen to support to it's middle bollinger band on the weekly chart and is very close to the lower bollinger band on the daily chart, so technically it's very close to a buy.

GUMM recently announced a partnership with Swedish Match to produce nicotine gum and this should be huge for such a small company as GUMM.
biz.yahoo.com

Also it's possible if not likely that GUMM will prerelease earnings in Jan. This should be the first profitable quarter in a LONG time, so a pop off of that is expected. Also, Zicam sales for this past quarter should be tremendous.
biz.yahoo.com

I'd look at GUMM as great entry right here, as I expect once profit taking is over for it to start back up.

Also it looks like tax loss selling may be over for PKD. Look for it to run to 4 1/2. IMHO

Paul