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To: Senthil Sankarappan who wrote (6583)	1/24/1999 11:30:00 AM
From: Cogito	Read Replies (1) of 10072

Senthil - Re: 5% net margins They didn't say they would never make more than 5% in any year, they just said that for the year, they expected "middle single digit" margins. 1999 will be a year of new product introductions and manufacturing ramp-ups. If follows a year of negative net margins. I do agree that it would be good to see a more optimistic forecast in the short term. But I also wouldn't want to see Glore building a reputation as a hypester. BTW, my record on IOM could be a lot better. While it is true that I have made money overall on this stock, I have definitely left a lot on profits on the table by holding for too long. If I were another investor looking at my own posts for guidance, I'd probably conclude that I was usually too inclined to be optimistic. That's less true now than in the past, with respect to IOM, but I'm just an optimistic kind of guy. I will note that my WAG for this quarter was 6 cents, which I revised downward from an original WAG of 7 cents. So maybe I'm starting to get over the positive bias. - Allen

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