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Non-Tech : The New Iomega '2000' Discussion Group

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To: Ken Pomaranski who wrote (3770)1/6/2000 11:54:00 AM
From: R. Murphey  Read Replies (1) of 5023
 
Ken, Your points are well understood, except for your disdain of "message boards".

It seems to me individual investors benefit from and need the information leverage a balanced and mature forum can provide. The individual is sometimes isolated and competes with organizations commanding huge resources to identify and evaluate opportunities in the equity markets. Sharing information (accurately) and opinions, based on personal experience or grunt brain work, is a valuable tool to help the individual in this process. Individuals have a difficult time focusing on all market areas, and a reasoned argument, pro or con, may help then see possibilities (+/-) a little differently. It a simple matter of scratching each others backs. In the end, each individual must make their own decision, based on their personal evaluation of risk/reward or sense/non-sense.

This would obviously lead to a ranking of boards, and individual posters. Some are much more accurate, sincere, helpful, and open than others, and clearly separate facts from opinions. The fanatic with a fixed agenda, and an unwillingness to process changes of fact or differences of view, serves little constructive purpose.

In the spirit of the above, I believe IOM has reached a bottom and is in the beginning of a significant(%) upturn. That's my personal opinion, based on a read of the news, what I see in stores and companies, and my amateur charts assessment.

On another front, I'm stymied as to why a company such as CGX trades with a PE of 5.7, with its growth, positive cash flows, low PS and PB, when all the printing companies in my area are overloaded with work. Even if they miss their numbers, something seems out of balance. I don't clearly understand investors' aversion to fundamentals. Also, the SI CGX board meets your criteria of a low number of posts. Maybe your critical evaluative skills could lend some perspective, if you dabble outside the tech area. Don't have to, it's just an opportunity.

"Scratch"!

Best regards,
Bob
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