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Mary, c'mon: Kim Edwards is running a company, not trying to make us
rich from one day to the next. Look, like you I took a hit today that
didn't make me happy, but what are you saying??? That poor KE's
responsible for soft tech sales in Europe? That's the way it is, and
as far as Europe is concerned Q3 won't be any better as everyone goes
away for at least a month, and many shops close for all of August. If
you're gonna invest you have to understand that the market is the
market: what happened today wasn't rational, but, for heaven's sake,
Mary, do you follow any other stocks? NSCP and SUNW, which came
in above estimate as IOMG did, also got hammered (though not as much).
In all the news reports I read IOMG was mentioned along with them:
take consolation from the fact that we're in better company now. But
don't blame the CEO because the company didn't come in with a 90%
increase in quarter-to-quarter revenues. 40% ain't bad at all, and
when things calm down--if they do--some attention will be paid to this
fact. As noted earlier, this hasn't been a great day for me either,
but fantasizing conspiracy theories won't help: it's just the market.
In a sense things may be better from now on: momentum players out,
the company taken into more serious consideration on the Street (with
all that that entails). But hey!, let's not beat up on the management.
They're still doing an extremely good job. Janice |
