Vanni,
Since you're usually 80% correct in your calls, could you please answer these questions?
Explain precisely why you think Iomega's stock price will be lower in the future. What are your price targets and time frames? Please be as detailed as possible.
Do you see any rebound in the disk drive sector? If so, how soon? What will be the harbinger of this event?
What are your feelings about whether or not the Zip drive will become the standard, high capacity removable drive in new PC's? Is it beside the point? Does it not matter, one way or the other?
If you don't think the Zip drive will ever become "the standard", will there be a standard in high-capacity removable storage? If so, which one?
What are your thoughts in general about Iomega's management? Do you take it for granted that they must be incompetent?
Anything else that you might add would be appreciated.
Btw, Vanni, don't kid yourself into thinking you are smart. You are merely average, as are most of us on this board. There will always be plenty of people out there much smarter than you.
And in any case, I haven't seen much from you that would bear anything out yet. I do know one thing, though: impudence is not a virtue.
I think you should be careful about delighting in other people's misfortune, whether deserved or otherwise. It might happen to you.
Philip |
