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

To: RFH who wrote (118)	5/2/1998 3:42:00 AM
From: Mike M	Read Replies (1) \| Respond to of 148

Robert- <<Seriously, I don't know why this stock just languishes in this area, considering all of the promise of the technology.>> Actually, as John points out, the stock is pretty rich at 10 times trailing sales....The problem continues to be one of skepticism from investors. You and I believe, I should say "we know", that this company is for real. I think the sales are about to explode and so will the stock price....But, after Kern's inexcusable promising of too much too soon, it will take real sales reported through a respectable accounting firm to convince Wall Street of that! I am betting that the quarter we are currently in will be the first of a long string of increasing "real earnings" which will grow dramatically over the next few years. I think you have the right idea....Buy as the stock struggles and hold until it becomes dear. I believe we will make a pile of money with this company. Regards, Mike