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Non-Tech : Iomega Thread without Iomega

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To: prashanth who wrote (83)6/26/1998 11:49:00 AM
From: Vanni Resta  Read Replies (3) of 10072
 
Ok, man thanks for the tip.

Though I do find it offensive that any poster thinks they have the right, or the power, to ban another poster from an SI thread. Seems like a rather presumtious attitude from a control freak, to me.

Besides, this site is based in America, where the right to free speech is highly protected and coveted. People who act like dictators are not welcome in this country.

BTW, can YOU answer my question?

Is it not normally the case that companies, like IOM, which announce massive layoffs and earnings shortfalls, go into a continuous downward spiral that lasts anywhere from six months to a year, as more and more bad news keeps coming out?

I have noticed this happen with so many stocks that it is almost a sure fire strategy to short a stock in the early phase of bad news announcements.

What do you think?

Serious responses only, and no personal attacks like the one from Hinter, please.

Happy Investing!

Vanni
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