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


To: Tatnic who wrote (3371)11/30/2000 10:18:52 PM
From: Mike M  Read Replies (1) | Respond to of 5582
 
I feel fine thanks. One thing is sure, if one finds himself in the condition you describe, they own too much.

But, let's revisit your technical analysis and recent claim of victory. I think you are just a little premature. This company is just one of many which have been hurt in the current market. As you know it has hung in much better than some. I believe it would have done better without a coordinated effort of misinformation and short selling.

Having kept my powder dry I have been able to add shares today. Obviously I'm not buying in to your analysis. Time will tell.

In any event, I never disdain the power of prayer.



To: Tatnic who wrote (3371)11/30/2000 11:51:42 PM
From: DanZ  Read Replies (3) | Respond to of 5582
 
Who is hoping, wishing, and praying? Even based on the most modest estimates for dental gum to the large consumer products company, nicotine gum to the joint venture with Swedish Match, and Zicam in 2001, this stock is way undervalued. That doesn't even include other new products that they might introduce. It isn't a matter of hoping and wishing. It's a matter of waiting patiently for the stock to trade at a more fair valuation. A lot of stocks are trading at ridiculously low valuations. I don't think it is prudent to confuse a bad market and irrational short selling with the fair value of a company. GUMM bounced off 8 1/2 again today, closed higher on above average volume, and refused to make a new 52 week low despite a terrible overall market. I take this as a sign that the stock is unlikely to trade any lower.