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Non-Tech : Any info about Iomega (IOM)?
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From: Young D.T. Nguyen6/3/1996 10:28:00 PM
   of 58324
 
Reply to Ida Walker:

Well, if you were my broker, I would fire you on the spot. Chances
are good that you are a broker who has shorted your clients ' money
into oblivion. If I am wrong and you are not a shorter, chances are
good that you haven't made much money for yourself or your client
with your logic.

All great companies/stocks are extremely expensive during their fast
growing stage. If one understands this principle and hang in thru the
ride up to maturity, fortune can be made.

Name a great stock in the last 15 years that was not expensive during
its early growth stage.

Have you ever hear the term "driving with the rear-view mirror"?
That's what you are doing. Comparing IOMG revenue and earnings
from past few quarters -- when the Zip/Jaz rocket has just been lit -
vs. those of fully matured companies fighting for their life just to hold
on to market share and margin is a tactic that is quite old around here.

Incidentally, with all the production ramp-up and startup costs IOMG
incurred last 2 quarters for Zip/Jaz productions, IOMG 's net margin
is still better than nearly all the companies you compared it to in last
2 quarters.

If this is easy, everyone would get rich investing in stocks.

There is a saying that in the stock market, "the bulls and the bears
don't lose money, only the pigs do." My guess is that you are neither
a bull nor a bear.
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