RE: Cheap thrills
E.G.,
>>The most obvious answer is an expected huge
>>upswing (starting at the opening bell) and an
>>anticipated run-up to an equivalent price of over
>>$50 in the short term.<<
>I love it when you talk like that. <VBG>
What can I say? You excite easily. Here, go nuts:
Iomega at $200 pre-split by the end of 1997!
Alas, that has as much substantiation behind it as Glenn's
prediction does, namely, none. I lived through the runup
to $55, though, so after that, I believe that just about
anything can happen with this zany stock. I'm not counting
on it, though. Instead, I'm counting on a steady rise in
earnings, permitting a steady rise in price at the same
EPS, to somewhere pushing $60 pre-split by the end of
1998 or thereabouts. That will work fine if indeed
the Zip becomes the default A: drive, which I'm now
quite confident it will, and if just a little bit more
turns into a success (e.g., Jaz, Buz, n.hand, whatever).
But hey, I'll never be the one to squelch spontaneous
bursts of ecstasy. Make that $300 a share pre-split,
and party on! <VVBG>
Cheers, Tom (long IOM) |
