SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: stock bull who wrote (50415)3/17/1998 2:33:00 PM
From: Cogito  Read Replies (1) of 58324
 
>>The interesting thing, as I see it, so far he's been dead right on
the stock's performance. Don't forget, the only thing that counts is the stock's price.<<

SB -

He's only been right about that in general. Did he predict that the stock would rise into the thirties last fall? No, but that's what happened.

Did he predict a big runup prior to Q4 earnings? Yes, but it didn't happen.

Did he predict a price in the single digits last winter? Yes, and after you account for the split it still hasn't happened.

In one way, though, Rocky and the other bulls' opinions should be considered because there are plenty of people on Wall Street who share their jaundiced view of Iomega. It doesn't matter whether they're wrong or right. If there are more people with that view, then the price will go their way.

- Allen
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext