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Technology Stocks : The Iomega-Joel Pissing Subject

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To: Philip Eskelin who wrote (6)2/21/1997 5:30:00 PM
From: Herb Fuller   of 11
 
To Joel,

Gosh Joel that is great news that you just reported on your thread # 16946 About your bloomers terminal saying that some dumb bigtime investers have dumped 1 or 2% of their holdings . It wouldn't be the first time that they were wrong . I think that I will sell 1 or 2% of mine so I can be dumb as well .
IOM is oversold, acording to my indicaters, and the probability of an upswing is near has greatly improved . So if I sell tomorrow it will be probably be the best for all the bulls on this thread as I am always,being an individual invester , wrong acording to you. Tell your boss, Mr Steel Balls , to sell short again as you heard it here on this thread that the price is going to 16 3/8 . I'm sure that he knows how to make a large profit on 1/8 of a point.
This of course flys in the face of IOM's sales going up 74% and profits going to .93+ cents a share in 1997 which will put the pe at 18 going forward at these prices . No one has looked at 1998 when the sales can rocket to 4-5 billion and the profit going to 2.50 to 3.00 with more growth it the years out beyond 1998. It's no wonder that K.E. has stated recently that IOM is the fastest growing company ever . He even included intc amd msft in his equasion .
Also when you look at the long term chart of IOM , if you care to look , the price is at the extreem lower trendline point with nowhere to go but up. It will take a shock of great emotion to move it to the 15 area .
Joel , this looks like a good short to me .
You do well if you buy when no one wants an issue and sell when when all are crying buy . Unless you are like me and I go with my emotions and do the opposite .
I'm getting tired of pissing on Joel---someone else take over as I've done my job for today .

KEEPING THE OTHER THREADS CLEAR OF JOEL'S PISS
Herb
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