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Biotech / Medical : Gum Tech (GUMM) -- Ignore unavailable to you. Want to Upgrade?

To: Bo Didley who wrote (4)	1/20/1999 11:03:00 AM
From: Street Walker	Read Replies (1) \| Respond to of 133

>>You said this is your short term stock pick. How long is short term to you?<< Very gooood "reading between the lines" Bo. I too was in THRT but sold right before they were bought out :-( Short term to me is to sell after it goes vertical. GUMM - shorts will be forced to cover ....as the stock continues its climb. ~4 million of the 5.6m float is held by individuals who are long long long term holders and have a high target price set before they sell (~$35 is what I'm hearing for a buy-out this year). The other 1.6m in the float, which I'm calling "the effective float" is quietly being bought up, for some reason. Eventually there will be a huge short squeeze that will cause the stock to go vertical because people are holding onto their shares and shorts will be forced to cover, along with others jumping in to buy. This is a position play to wait for this phenomenon to occur. Regards, S.W.