We attempt to show that the interpretation of the $Y_0^{*}\mathrm{}\left(1405\right)\mathrm{}$ resonance as a bound state of quarks is not ruled out by the data presently available. Our results, however, also indicate that such an interpretation does not answer some of the objections that have been raised to the more conventional picture of this resonance as $\overline{K}N$ bound state.

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