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

To: Rocky Reid who wrote (40188)	12/16/1997 5:06:00 PM
From: Cogito	Read Replies (1) \| Respond to of 58324

Rocky - Re: QGLY But QGLY didn't participate in the general rally today. So by your own logic it must be hated by the street. Not to mention that the stock is still in a downtrend which started in August, when it was in the mid-twenties. You said sales have been doubling every two months? Hmmm. I wonder why the stock is doing so badly, then. - Allen PS: Excuse me. Additional post-posting comments. Sorry, I just rechecked the chart and noticed that the downtrend in Quigly didn't really get started until either October or November, depending upon how you look at it. I'm sure QGLY is a fine investment. Really.

To: Rocky Reid who wrote (40188)	12/16/1997 5:24:00 PM
From: Michael Coley	Respond to of 58324

RE: Quigley. OFF TOPIC Hmmm, now THAT would be a good name for the Clinton's new dog. But that wasn't the question, was it? So, you're saying that Quigley's sales are doubling every couple of months? Well, I don't have monthly sales, but let's look at the quarterly sales. Okay, let's see: Qtr Revenues 12/95 147,718 3/96 105,432 6/96 69,496 9/96 726,915 12/96 4,091,653 3/97 22,182,007 6/97 4,083,736 9/97 14,698,350 Now just to be fair, let's annualize some numbers. Doubling every 2 months equates to a 6300% annual increase. Looking at QGLY for each of the four 12-month periods (Mar-Mar, Jun-Jun, Sep-Sep, Dec-Dec) listed above, we get: Dec: 2670% (NOPE!) Mar: 20939% (YES!) Jun: 5776% (NOPE!) Sep: 1922% (NOPE!) So it looks like there was ONE slice in time for which they did see a doubling every 2 months. Now let's extrapolate your numbers. If they're growing at 6300%, and we start with their 1996 annual sales of 901,843, here are their sales for the next five years: 1997: 57,717,952 1998: 3,693,948,928 1999: 236,412,731,392 2000: Uhm, does anyone have a scientific calculator? 2001: Wait a minute, what's the total GNP of the world? I think I'll just stick with IOM... - Michael Coley - i1.net