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Non-Tech : Any info about Iomega (IOM)?

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To: Kunal Taravade who wrote (3293)6/20/1996 6:22:00 PM
From: Janice Shell   of 58324
 
Kunal--It really has gone too far, hasn't it? I'd like to see IOMG take out a full-page ad in the WSJ citing all of its OEM deals, with their particulars. And they should mention as well all of the awards they've received over the last six months or so. Not that this would change anybody's mind: the Streeters thought they were right six months ago so it'd be AWFUL to admit they were wrong then and now. I agree absolutely with others on this thread who say that Wall Street simply doesn't understand the tech industry. Near the end of every quarter we get the shock! horror! of some companies pre-announcing insuffient earnings (and I'd say that so far there are fewer this quarter than last, and they're mostly semi manufacturers, and what were expectations?), then the real earnings come out, and unfortunately those companies who did well tend not to profit in terms of stock price immediately, and then all of a sudden everything picks up and the analysts say, "Well, of course: the tech sector showed surprising earnings strength this quarter". Go figure. Janice
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