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


To: Mike M who wrote (2896)10/28/2000 12:54:43 PM
From: Mad2  Read Replies (2) | Respond to of 5582
 
Mike, the point is GUMM's share price has priced in sucess in may of the "potential" products that have been discussed here, including ZICAM.
I think you must admit the results with ZICAM have been modest to date delivering little to the bottom line (of GUMM shareholders that is).
Subtract from the bottom line the effect of warrants and insider profit (read 2.2 mil in net compensation) and the results look a bit worse, not to mention the dilutive effect of the new shares.
At some point the share price of GUMM will head towards its intrinic value (read valuation based on future cash flow) which could be quite a bit lower than the current level (see QGLY for a read on how that might look).
Mad2