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Non-Tech : Iomega Thread without Iomega

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To: Mel Boreham who wrote (7712)2/24/1999 6:30:00 PM
From: Ken Pomaranski   of 10072
 
<< Not happy with todays action, but what the heck its not like we haven't seen days and weeks like this before. Still hangin in for the long haul... >>

I hate to break it to you, but there will be no 'magic' press releases
that will cause the stock to double, and no info that IR can give you
that will do the same. Unit sales don't matter, flavors of product don't matter, stock purchases by execs don't matter.

All that matters is the top and bottom line growth of the company. period. There is a very strong correlation between earnings and revenue growth and stock performance. Conversely, there is something in common with all sucky stocks: no growth.

When Iomega shows demonstrated improvement in top & bottom line growth, and indications are that it's sustainable, I'll be the first one to buy back in... In the meantime, I'm sticking with other stocks

good luck!

kp
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