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Biotech / Medical : GUMM - Eliminate the Common Cold -- Ignore unavailable to you. Want to Upgrade?


To: X-ray Vision who wrote (502)4/20/1999 12:31:00 PM
From: WallStBum  Respond to of 5582
 
Picking up a prescription for a family member last night at Walgreens, pharmacist had several boxes of Zicam for sale right at the prescription pick up cashier/counter. Struck me as "prime real estate". I played dumb (that wasn't hard) and asked him about it. He said it wasn't selling terribly fast; when I asked him more about the product, he didn't seem to know much of it. Anyway, the product is there, at least, just seems Gel Tech needs to get some serious advertising going or at least get some literature to pharmacists, etc. I was still impressed to see it so prominently placed in a Walgreens. I don't know how this company stocks - maybe I'll check some of the other stores here in Minneapolis.

btw-I used my own Zicam this morning for the first time. I had 1/2 of a sniffle, but was pretty eager to finally use it.

dax



To: X-ray Vision who wrote (502)4/25/1999 12:13:00 AM
From: Street Walker  Read Replies (2) | Respond to of 5582
 
X-rayVision - you have the same feeling that I think
everyone else has. Its just not a lot of fun to be
owning a stock that seems to be stagnant while the rest
of the market is reaching new highs.

GUMM has tested my patience, particularly as it falls from
my purchase price. However, I know why I took my position
and remain committed.

From what I gather, GUMM is on the verge of finalizing their
deal with Citadel. Once this occurs, they will no longer be in
a quiet period. This quiet period has caused weak hands to become
restless and sell their shares. I believe those who hold and actually buy more, will be the greatest benefactors. The quiet period can't last too much longer ! A week or two? Once its over,
I can't wait to see how many of the deals we've heard of in the rumor mill actually pan out (Watson, Warner Lambert, Rembrandt, Colgate).

Regards,
S.W.