Trufflette, Firstly, a Texas Trufflette will bloom forever.
(At least in my lifetime.) Secondly, (if I should be so lucky)
with two redheads in my tub, Ford will have to find his own bath,
preferably with Rocky.
..More seriously, IOM will hit 16 sooner than you think,
and certainly sooner than you age, because the pattern of growth
in revenues, products, brand name and even earnings will continue
probably for at least 4 or 5 years. ("I see income potential"
ala grasscutting.) It is clear that the company's products have
momentum even if the stock follows a troubled trajectory. Iomega
is becoming a household name far sooner than most tech stocks
I have seen. And while the last CC was handled poorly and nervously,
the actual products, advertising, and sales are quite on track.
I just wish I didn't hold so many May 11.25 calls and had used
those funds to increase my common stock. In any case, I expect
the stock to double twice in the next few years just as my
Intel position did the last few years. The reason is Iomega's
markets are expanding exponentially, and they are creating new
exponential markets (Buz and Clik), and therefore, they only have
to grow incrementally in that environment in order to multiply
our profits many times.
Regards, David S. |
