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


To: Cogito who wrote (48196)2/19/1998 12:50:00 AM
From: slipnsip  Respond to of 58324
 
"BTW, I also agree with you that this board is one of the stock's biggest enemies. Not for the reason you give, but because it makes financial firms wary of initiating coverage."

You have hit the nail square on the head. We are in uncharted water. One thing is certain, the street cannot ignore this stock forever. As the internet becomes more mainstream (which most of us can agree is probable) the street will have to come along. IOM may never be afforded the premium P/E's of other great firms, but the stock will follow the earnings. This I am confident of. To further clarify what I mean concerning P/E's, this is still a show me stock. They have to post the earnings in order for the stock to advance. IOM has grown to large both in float and market cap to be "hyped" by individuals. The days of the Nasdaq market makers moving the stock on light volume are gone.