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


To: Hank who wrote (2379)3/9/2000 10:22:00 AM
From: DanZ  Read Replies (1) | Respond to of 5582
 
Hank,

As I have repeatedly said, I am not a paid analyst for Gum Tech or any other company. That doesn't mean that my estimates are way out there, as I have been proven fairly accurate on this company's revenue and profits for several quarters. You're right that it is very difficult to predict Gum Tech's sales, and I don't think that my estimates have been very far off considering how hard it has been. The most important thing is that I make an attempt and have established enough confidence to put out estimates that have been close to reality. I also refine my estimates as I did yesterday when I think there is a reason to make a material change. More importantly, I make my investment decisions based upon my own estimates so I am willing to put my own money behind my predictions. You on the other hand are simply gambling and have no earthly idea what this company's future sales or profits will be. You basically admitted this in your last post. There's nothing wrong with that, but I think that it is important to separate your hopes and speculation about this company from sound estimates that have a better chance of coming to fruition.

In the short term, my estimates don't mean squat because I think that the stock will trade based upon news and expected news. There are two potential news events coming soon: international distribution of Zicam and clinical studies. You are entitled to bet against these things happening or the effect that they might have if they do happen. IMO, you will lose this bet.

Regards,

Dan