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Technology Stocks : IMPX - When Will the Dead Money Awaken? -- Ignore unavailable to you. Want to Upgrade?


To: Sheldon C. who wrote (187)1/28/1998 2:08:00 PM
From: lml  Respond to of 532
 
3Q results indicate Company is positioned to return to profitability. Interesting to note that notwithstanding better bottom line results on a year-to-year basis, stock is presently trading less than half last year's levels.

Nominal decrease in revenues probably explain some of the present discount levels. If the Company can continue to show sequential growth in non-Iomega revenues, the stock should rebound to yield a nice return.