Now-a-days, US investors depend too much on data. On one side, they say stocks for
long term investment while worry about day-to-day commercial news. Oh, do you know, today
chicken sales report is coming. If price of chicken goes up by 0.5%, then Alan will raise
rates so that we will only eat chicken every alternate day. Next second, our job is to find
who sells chicken, who makes chicken. Then, click on web, see the real-time quotes of all those guys, and react as fast as possible.
In my view, this is what happening to IOMG. Let's not worry why IOMG didn't move on NEC or IBM move. Let short sellers pull the price down. Eventually, it will be good for the longs.
All we have to judge what a beautiful company IOMG is. If Intel is synonymous with processor, Microsoft with Windows, then Iomega will be with gigabyte re-usable PC storage.
There exist only three major components with PC, Processor, O/S, Storage. Just by judgeing how big guys endorsing IOMG product, it does not need big intelligence to figure out where IOMG will stand 1 year from now.
regards, |
