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Non-Tech : Any info about Iomega (IOM)?
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To: Iceberg who wrote (17206)2/28/1997 9:44:00 AM
From: John Smith   of 58324
 
>>I look at Emerald's reports based upon the merit of the research information provided, not on the price of the report. I challenge you, as I have done others, to show me a flaw (from a business perspective) in any of their reports. So far, no one has come forward with any credible criticism of the contents of Emerald's reports.

Ice <<

Oh come now Ice, you know as well as I do that you can write a good looking research report on just about any company. IOM is easy to do because they have so many loyal suckers in love with them. Heck, no one can argue that the surface numbers look great -- Revs soaring like they are. Bottom line, as I said many times in the past. IOM will continue to sell more and more Zips. People like the product and will buy it BUT the stock will still fall. There is more to valuing a stock than just business valuation. One must be able to put an appropriate mutliple on it.

You want credible criticism on Emerald? How about how they provide their 'unbiased updates' when interest in thes tock is at a peak? I recall in the mid 20's they "reiterated their strong buy". Let's see, down 40% since their last report-- sure they are really in tune to this dog.

The only thing they are in tune to is the desperation of the Iomegans who want that reassuring report to keep that PUPPY LOVE alive.
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