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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: DanZ who wrote (22950)	4/6/2000 1:00:00 PM
From: Hank	Read Replies (2) \| Respond to of 53068

"I know a lot about Gum Tech, and seeing the stock trade at 12 is testament to the fact that the stock market doesn't always value companies properly in the short term." True. If the stock were trading purely on fundamentals, it would be trading at less than $2 right now. "While this reaffirms my belief in technical analysis for short term trading,..." Really? A while back when GUMM was still in it's 20's, I told you it was undergoing a trend reversal. You, on the other hand, claimed "the uptrend was still intact". "I'm even more convinced now after my experience with Gum Tech that there is literally no relationship between stock prices and fundamentals." You mean there's no relationship between stock prices and hypothetical fundamentals. This POS is still grossly overvalued but not for long. It will rest comfortably in the single digits soon. Don't listen to this joker folks. He couldn't trade his way out of a paper sack. Buy on his recommendation and you're going to lose.