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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (128)6/12/1998 6:28:00 AM
From: Bill Wexler  Read Replies (1) | Respond to of 4634
 
Enamelon (ENML) collapses...

fnews.yahoo.com

The lesson here:

It's probably not a good idea to pay $150,000,000 for a company that sells a low-margin commodity product (toothpaste), competes against companies like P&G, fraudulently promotes the advantages of its product, then ends up giving it away in a desperate attempt to lure customers.



To: Bill Wexler who wrote (128)8/3/1998 8:05:00 PM
From: Bill Wexler  Read Replies (1) | Respond to of 4634
 
ENML - Enamelon gets kicked in the teeth....

biz.yahoo.com