Any info about Iomega (IOM)? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gary Wisdom who wrote (34072)	10/30/1997 6:17:00 PM
From: FuzzFace	Read Replies (1) of 58324

Help!!! Would someone please explain how . . . Syquest goes up $.75 after the earnings announcement. Is the entire world stupid or is it just me? That was a horrible report, wasn't it? Were people just fooled by the per share loss numbers? Or, am I missing something here? Gary, many buy SYQT for the same reason they buy other homeopathic remedies. Faith. Irrational blind faith. But I suspect you are correct too that many are fooled by the -EPS dilution. SYQT has momentum from it's last runup. Like it or not, that stock is in favor. Rocky was correct in this. Of course we all know what will eventually happen to it (again). Most stocks these days have to "show me the money" to stay in the street's good graces. SYQT just has to tell them a good story. Common and common equivalent shares used in computing per-share amounts: 09/30/96 12.3 M 09/30/97 53.8 M The actual number of common shares outstanding at Sept. 30, 1997, was 59.9 million shares. The actual number of common shares outstanding at Oct. 17, 1997, was 68.3 million shares. At the end of last Q, what was it? 40M? And how many are authorized? 120M?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next