SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : USRX

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Fiddler who wrote (246)5/28/1996 10:43:00 PM
From: Lawrence J. Huang   of 18024
 
Since IOMG has turned over its manufacturing rights for its media to Fuji and the Zip drive itself to Epson, IOMG should be stable and it's my guess that they'll begin to do R&D on something bigger and better than the Jaz drive. That was a smart move on IOMG to do so because they could gain all the royalties in return for giving exclusive rights to those respective manufacturers... the end result is a win-win situation for all parties involved because IOMG no longer needs to worry about the manufacturing process and can concentrate on better R&D. I predicted that IOMG would have tremendous growth because of the popularity that the Zip drive had in the market. A followup to that growth should be experienced soon as people are buying more Jaz drives but of course that growth won't be as significant since the market seems to be slowing and becoming saturated. But there will always be a need for more and more space, so I wouldn't worry much about the volatility of IOMG.

As for USRX, I wouldn't worry much about that also. I'd buy as many shares as possible because with the forthcoming ADSL technology USRX will be on the forefront as it has always been. Its Sportster line of modems has achieved monstrous success and ISPs (Internet Service Providers) for the most part exclusively use Sportsters or Couriers (their more expensive line). I predicted that the USRX stock would double or even triple a few months ago since USRX has such a high reputation for their modems and with the Internet boom, Sportsters are the prime choice for users. Even now, after its initial introduction of the Sportster 28.8 over one and a half years ago, the Sportster's price hasn't changed much (still hovers around $199-219), so there will continue to be forthcoming success for USRX.

Basically, in the long run IOMG, and especially USRX, should yield a wide profit margin, and may even become blue chip like Big Blue.
I'd buy as many shares as possible while you still can because the market is looking bullish for a long time.

[Insert standard disclaimer here]
Disclaimer: These opinions are my opinions and not those of others. They are intended for informational and discussion purposes only. Decisions based on these opinions are not guaranteed to produce desireable results. The author claims no responsibility for poor or misdirected decisions, actions, or returns resulting from the posting of this article.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext