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Non-Tech : GUMM - Gumm Tech International Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Mike M who wrote (22)	11/7/1997 12:47:00 AM
From: Alan	Read Replies (1) \| Respond to of 148

Mike, your comments agree with all that I'm hearing. And you seem to know a few things. So maybe you can help with one little mystery. What happened to the company Kern came from? It was touted in some early press release from Gumtech as a "multi-billion dollar biotech" outfit. All I've been able to find is that they went under with Kern at the helm. I know no other details. I'm not negative on Kern, like what he's been doing, but this little detail has always bothered me. Alan

To: Mike M who wrote (22)	11/7/1997 8:51:00 AM
From: Anaxagoras	Read Replies (1) \| Respond to of 148

Hi Mike. <<Want to wager what this quarter revenues will be...w/no more than $100k barter?....>> No. <<I'm guessing $2M(that would be 3 1/2 times last quarter real sales)....what do you think?>> Depends on if you count sales to the channel or sell through. If you count the former and we have stuffing going on, then you may be right- if you count the latter, I doubt it, but as I said, I'm not following this one carefully at the moment, so you may be dead on. But even supposing you are correct, that would give us annualized revs of $8 million, yielding that ridiculous PSR I mentioned before of over 6, worthy of a hi tech growth company, not a manufacturer of niche gums. All this is my own opinion, naturally. Anaxagoras