Michael, Take a look at post #7096. Potential is there, now to reach that potential a company needs to have aggressive marketing and R&D. I laugh when I see these dire predictions that the stock will tank because its cap has hit $2b+. Obviously these are people trying to manipulate the thinking of the neophyte, or they're people who haven't done their homework. Look across the tech industry and I'm sure you will find a large number of companies trading at 6-8-10x.
Good luck, I hope you haven't missed the ride up. I remember a lot of people also saying they would buy back in at single digits (7ish), then 11ish, then 13ish, now it's up to $17. Who knows, we could have OEM announcements at FallCOMDEX on '97 PC lines that could clinch the standards deal, CPQ could finally give in and add Zips to desktops and/or laptops, Jaz could become the standard solution for Motorola's new MAC OS system (BTW: IOMG and MOT did a joint ad together last Spring talking about the MOT parts that supplied to IOMG). All these scenarios could lead to a nice spike, or they couldn't -- but one things for sure, all of these scenarios are probable and if you are on the train now at a $2 premium ($17 vs. $19) you probably won't be kicking yourself when the price is $35+ come February.
Again, good luck
trakker
P.S. Archie, it's good to hear from you. Hope your IOMG class project is going as expected. |
