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


To: Sir Auric Goldfinger who wrote (2733)10/23/2000 12:09:56 AM
From: DanZ  Respond to of 5582
 
The numbers aren't wrong. They came right from Edgar. Your interpretation of the numbers is wrong. You clearly don't understand the difference between total cash flow and cash flow from operations. Nearly every start up company has negative cash flow from operations until they become profitable. If your interpretation was correct, a lot of companies would have gone out of business that are still here today. Start up companies grow by borrowing money and issuing stock. You are completely clueless.



To: Sir Auric Goldfinger who wrote (2733)10/23/2000 12:36:48 AM
From: Mark Marcellus  Respond to of 5582
 
I am saying your numbers are WRO?NG. GUMM chews $1 M/quarter in cash and has $3.5 M, It is really simple. You're fricken wrong!

Calm down Auric, I was agreeing with you. The numbers I gave were taken from the 10k, and AFAIK they are correct, and they do not contradict what you are saying above. Now, if you are claiming that GUMM materially misstated results I'd be very interested in hearing about that, but until I see some pretty solid evidence of it I'll believe they are telling the truth... about the numbers, anyway.

No matter how you slice it, if GUMM can continue to issue more in equity than they lose from operations, then they will continue to be cash flow positive. <g>