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To: chartseer who wrote (19716)4/1/1999 10:28:00 AM
From: DanZ  Respond to of 53068
 
GUMM news.

biz.yahoo.com

There are several significant statements in this press release. I especially like this one.

"We are pleased that this conference provides ZICAM(TM) with international exposure as we initiate the international phase of our test marketing efforts. We have decided to proceed with plans to expand into overseas channels because of the positive response we have seen in our domestic test marketing to date."

GumTech has been in a quiet period because they were negotiating the terms on their recently announced $6 million credit facility. Now that the news on the credit facility is out, they can start releasing news. I believe that there is much more good news to come. My short term target is 15.

Dan