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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?

To: twentyfirstcenturyfox who wrote (8039)	11/18/2001 2:11:07 AM
From: jef saunders	Read Replies (1) \| Respond to of 14101

> Is that a price at which REK is diluting Dimethaids' equity MORE than if REK had simply gone to a large pharma, to get the faster approval tracks in each of the UK, EU, and USA - thereby restricting the gamble to Canada and self-distribution there in that country? in return for what, a fraction of the earnings? she sacrificed the short term for the long term. hopefully in 3-5 years we see much better earnings as a result. in the usa they did go to a large pharma, and that's where approval has been lacking the most. > the thought that REK is prepared to lose it all NOT. that's the point. she's trying to win it all. that's what she's shooting for. her gamble is to try to win big instead of just mildly winning. who cares if there are 45 or 60 or 80 million shares outstanding if there are 100s of millions in sales a year, with promise of that becoming per month? if it makes you feel better, think about the stock buyback plan that happens when those monies are rolling in. if she didn't think she could do it, she could always fall back on being swallowed up by a biggie. the more that pennsaid grows, the more desire for a large pharm to own dmx. i also agree with MB that if wf-10 makes it (a likelihood in my book), then it will become the blockbuster drug and become much bigger than pennsaid. smart smart smart to buy the rest of oxo. financing and cash are a good thing. remember the days when they couldn't work on multiple drugs because there was no cash? 2001 has been a hell of a good year for dimethaid, the negatives have been shareholders' expecations were raised to high. look at the changes. how much pennsaid was shipped in 2000? none. how much pennsaid is going to be shipped in 2001? not as much as in 2002! the trend is going the right direction. what were the dangers of running out of cash? scary. the progress has been painfully slow but it's been there, year after long year. i was real happy to see acqua wellington come into play. think about all that REK has accomplished these last months inside dmx with those millions that suddenly were there when needed. for instance, think about how much further along other carrier drugs are in their development, development that could not happen before 2001. of course, thinking is all you can do, you can't ask because it would be stupid for her to disclose her hand to the world and to those whose future negotiations affect our earnings. if you want to talk scary, my 2nd largest holding (elec) went down to 30 cents. nonetheless, i bought more. now it has doubled from there. i'm not out of the woods yet but they did $6 million last quarter, up 50%, and are "close" to being breakeven. "close" has been the word for months now. will they do it this quarter? murphy's law says no. business is hard. the economy is hard. did you see corning lose $5 BILLION ? if you see the fundamentals of a company improving and the shorts bring the price way down, and you still believe in the story, the reason you bought the company in the first place, then it's a gift, take advantage of it and buy more! peter lynch says if the company you bought goes down and you still believe in it, then buy the hell out of it. i certainly think dmx's fundamentals are improving and someday we will see a triple digit stock price (without a decimal point). i grew all my gray hair while pennsaid was in trials. today i just don't feel any fear. we've all been down the path of idiot red tape in day to day life. much of the slowness of dmx to market has been that, mostly things that they could not control. sure someone else in the ceo chair could have done a better job, there's always someone around the corner that can kick your butt at whatever you do. remember there's many out there who would have done a much worse ceo job and caused dmx and our money to go away permanently. have you ever owned a large company like loewen group, whose ceo embezzled money and caused the stock to crash? i have. i sincerely believe that REK is trying as hard as she can to make herself and us all wealthy, and i think she'll do it. jmho.