We all laugh at Syquest (me included, it really is the worst stock ever) But in reality the same thing CAN happen to Iomega. Iomega is bleeding as much as Syquest is now. The difference is that Syquest has been bleeding for longer. If Iomega is still losing money one year from now, the laughing here will turn into something else.
BTW: You guys are really sensitive and REALLY emotional right now. It's really bad. The personal attacks (on my Dad, for God's sake, made me die laughing in my chair) started when I made a very sarcastic jab at a CNBC analyst. I was pointing out the absurdity here. The reaction on this thread tells me a lot. You guys need to lighten up. I'm down 13K in the last 2 weeks and I'm having a ball!
To SR:
Yes, I am an 'investor' in this stock, and I'm hanging around for signs of a turn. I'll bet you a million bucks I know more about this stock and company than you will ever know. I've studied this company since 1995. DAILY. My idea of investing is NOT buying a stock and waiting for it to go to zero. Just because I don't agree with your investment style, or am not afraid to think all sides of this company, doesn't warrant your incescent questions of motives, and requests for silence.
I am NOT trashing the company, I'm telling it the way I see it. I GUARANTEE YOU that if Iomega turns, I'll make more money off it than anyone left on this board. If I see positives, I'll be the first to tell you.
Right now, I just don't see how they can grow the top line or how CLIK! can be wildly successful. Simple. I'll tell you when my opinion changes...
Good Luck!!!!
kp
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