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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: D.J.Smyth who wrote (34633)11/5/1997 9:54:00 PM
From: Gary Wisdom  Read Replies (1) | Respond to of 58324
 
To: Darrell Re: the problem with Iomega

Darrell,

I know what the problem with Iomega's stock price is. IT HAS EARNINGS. Have you noticed the only firms in the market that get ludicrous multiples are the ones with no earnings (Syqt, Aol, Amzn)?

Iomega is going to have to earn higher multiples going forward. Right now, their multiple is pretty high. Compared to past revenue and earnings growth, it is very reasonable. However, I think Iomega has to prove to the investment community that it can expand these growth rates through 1. continued market dominance 2. new successful products and 3. increases in margin.

That is why I think that the nhand announcement will give us $32, but won't give us more until the next earnings report shows just how good this company is.

I am very nervous about banking on Nov 25s at this point, because, as you know, as options expiration approaches, the price of both the stocks and indices can be very manipulated. And, I am avoiding the Nov 30s at all costs. However, I really believe the value is in the Feb 25s and 30s. Should we see retracement to $26 (due to market volatility only), I will pounce on these.

Before today started, I posted that today's price range would be from the low 28s to the high 28s. I was not far off.

I really believe watching the price/volume intraday of this stock can afford one the opportunity to make a lot of additional money from this stock. It is soooooo predictable.

Today, we saw some serious action trying to support the stock above $29. I believe we won't see solid support at this level until the week of November 17, though.

If Iomega announces a major launch involving another key player in the tech industry, I take back everything I said above. In that case, we'll see $35 before you can say Syquest who?

Thanks again for all your posts. Your information has definitely made me money.



To: D.J.Smyth who wrote (34633)11/6/1997 1:40:00 AM
From: slipnsip  Respond to of 58324
 
<i'll post some information tomorrow regarding a data storage process developed by a russian which stores information on a platter using a partial gold plated substrate which would make terastor and DVD look like childs play for the same space. the cost for production is considered low and would be great for storing your favorite 24 hour TV show without interruption. maybe you've already heard of this development.>

As an individual with an indepth personal experience with the financial industry, I first viewed your presence with healthy skepticism. I ask myself why are you here? Moving on and reading more of your posts I have come to the conclusion that you do indeed have access to information that many here do not. Your posts have proved to be informative, insightful, educational, and valuable to those of us including my self that do not at the current time have access to the minds of the street and the "research" and "resources" available to them. The above statement no doubt stretches the boundries of your "connections" and "expertise". Please substantiate or refrain from providing information that is outside your information pipeline or experitise. You have good information to share. I just ask that you do not dissalusion yourself like many on the street by trying to provide information that is outside your knowledge base.

When it comes to technology, the street and their information is not exactly on the cutting edge. Let the techies here guide us. If there was really something on the horizon, they will share it.



To: D.J.Smyth who wrote (34633)11/6/1997 8:15:00 PM
From: Thomas L Nielsen  Respond to of 58324
 
**maybe OT**

>>>>>>i'll post some information tomorrow regarding a data storage process developed by a russian which stores information on a platter using a partial gold plated substrate which would make terastor and DVD look like childs play for the same space. the cost for production is considered low and would be great for storing your favorite 24 hour TV show without interruption. maybe you've already heard of this development.<<<<<<<<

Just a reminder to you to post this topic, sounds like the next generation stuff.

Tom