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


To: John P. Henrie who wrote (45903)1/27/1998 7:40:00 PM
From: Ken Pomaranski  Respond to of 58324
 
Re: basis for a lawsuit.

I agree. There is no basis. It is the simple pattern of getting
caught up in the hype, thinking that an Iomega investor is much
smarter than anyone else on wallstreet, and being blind to all
the signs showing up right in front of your face.

The people who really blew it are the ones who posted these 'models'
showing revenues of 750million and EPS of .22. 'models' are just that,
they don't reflect reality, they are just a projection of the future
based on past results with enough assumptions built in to invalidate
the model.

The same thing happened 1.5 years ago, it happened now, and will happen to every hype stock in the future. The thing to do is to
find some little gem that no one knows about, and ride it to the
top quietly. Once a stock is hyped, it's too late...

Good luck!

kp