To: Herb Fuller who wrote (3204 ) 10/18/1999 4:49:00 PM From: Ken Pomaranski Read Replies (2) | Respond to of 5023
Forget about these articles about short sellers, forget about the Rocky's, forget about these newsletters, forget about street.coms, forget about motley fool. It's all smoke, all of it. It's all crap to confuse those 95% of investors who are too lazy to do research on their own. And yes, this percentage pertains to the people on this thread. The ONE CONSTANT in the market is the following: Long term stock price appreciation is DIRECTLY RELATED to the future earnings of a company. PERIOD. Papers upon papers have been written proving this. It is NOT related to current P/E, it is not related to all the crazy stuff mentioned in the first paragraph. If you buy good companies, USING YOUR OWN RESEARCH, you will feel comfortable enough to hold through all the short term BS, and not be fooled by the 95% of the people who have no idea what the heck they are talking about. Making money takes guts, conviction, and accuracy of an individual's assessment of reality. Not blinding following some leader like a sheep. Therefore, discussion should be centered around assessing the current state of Iomega and determining what the future earnings prospects are! It's that simple! Everything else is destructive. Rather than launch personal attacks on a bear, use their statements as a basis of discussion. Who cares 'why' someone is posting? Does it change the validity of their statements? Is that fact that I am a pompous ***hole change the truth? So what if Rock is a pro-short seller. Who cares? You can always test these statements against reality, if you take the time. Treat each post as an 'opinion' that needs to be tested. kp