Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Anthony@Pacific who wrote (3463)	12/13/2000 1:35:23 PM
From: Troutbum	Respond to of 5582

Well, then, here's your 50 cents dude!

To: Anthony@Pacific who wrote (3463)	12/13/2000 2:59:03 PM
From: Mike M	Read Replies (3) \| Respond to of 5582

Tony, SWMAY ponied up $10M to buy into 51% ownership of their JV with GUMM to compensate GUMM's IP. That isn't exactly pocket change.

To: Anthony@Pacific who wrote (3463)	12/13/2000 3:30:16 PM
From: DanZ	Respond to of 5582

You are pretty naive if you think that $1.625 million is the end of the money from P&G. Gum Tech makes dental gum and it is obvious that P&G is getting ready to sell it. Duh. Based on expected sales that P&G requires for new products, and information from analysts regarding the size of the dental gum market, Gum Tech's gum operations will be profitable once they start making gum for P&G. Based on information in Gum Tech's press releases and SEC filings, that will occur early next quarter at the latest, and they might even start shipping it this quarter. Also, some of that $1.625 million will make it to Gum Tech's bottom line this quarter. It depends on how much they spent on equipment. You can also look forward to shipments of nicotine gum next quarter, and it won't be chump change.