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

To: Hank who wrote (2509)	4/15/2000 10:40:00 AM
From: DanZ	Respond to of 5582

The only reality is that the decline in the Nasdaq last week qualifies as a crash and GUMM went down with it. You shouldn't confuse selling in an individual issue because of a market panic with the fair value of a business. There are several months of support on the chart between 9 and 10 and GUMM didn't even take out Thursday's low at 9 3/4 when the Nasdaq lost several hundred more points during the day. Did you notice GNLN buying tens of thousands of shares at 9 3/4 and 9 7/8 yesterday? I wanted to buy more in the lower 9's but they wouldn't drop their bid. GNLN owns about 6 million shares of GUMM now. Do you really think that they would sit on the bid alone during a market meltdown and take in more stock if something bad was going down with the company? You could have thrown a dart at the Wall Street Journal last week and made money shorting the stock that you hit. The fundamentals of this company support a much higher stock price and it will eventually trade much higher than 10. Enjoy your moment and don't let greed get the best of you.