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Non-Tech : Any info about Iomega (IOM)?
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To: Jeffery E. Forrest who wrote (8803)10/15/1996 4:36:00 PM
From: J P Cross   of 58324
 
Jeffrey: You are not finding the fundamental analysis you are
looking for because every time someone tried to make sense of
IOMG fundamentals in the traditional manner we had to put on our asbestos suits. Most have since concluded that it might be better
to waite and let the numbers speak for themselves. The street also
punished "zealous chat lines" The Motley Fool and SI threads for overall high earnings expectations. Therefore, MUMS the word.

It was flame city before Q2 earnings announcement, wish you were here, posts on this thread were full of fundamental analysis...real
numbers with real detail about why IOMG was over or under valued.
Most were far off the mark to the high side...too optimistic...sales
in excess of 300K, earnings greater than .14 cents a share...then
the balloon popped and it hasn't been re-inflated since.

As for my optimism, I am betting that management has gotten back
on track from the secondary offering that sidetracked KE and
company for awhile and are solving the road blocks to take IOMG
to a 2.0 billion dollar company...KE's goal as stated originally. As long
as the sales are in the quarter million range I'm not that concerned
because IOMG has a history of solving their problems and overcoming any setbacks.

IMO, the longs are a bit quiet, the shorts smell blood and the charts point to a climb up in stock price (even though it could be volatile). I
wouldn't bet against IOMG heading into its best quarter of the year.
Usually the crowd is pointing in the wrong direction and the crowd
seems to be more negative than positive...a good sign to me.

JMO...Regards,

JP Cross

BTW, you probably are not too wound up you just have an awful lot
of energy...keep it up.
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