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


To: E. Graphs who wrote (48664)2/23/1998 9:09:00 PM
From: Rocky Reid  Read Replies (1) | Respond to of 58324
 
Re: QGLY

Ohhhh.. so that's it!

Attack my QGLY will you? I consider this a time to buy as Quigely announced that 1st Q sales could be lower than expected due to the mild Winter here. And it has been, with no snow in the city for 2 years now. But, check out this from the report:

biz.yahoo.com

Quigley also reported fourth quarter earnings of $0.60 per share versus $0.12 in Q4 1996. Q4 sales of Quigley's cough and cold remedy lozenges jumped more than 600% to $29.2 million from $4.1 million in the year-earlier period.

Quigley is now expanding internationally through Merck. QGLY now has a trailing PE of 9. That's right, 9. This leaves a LOT of room to grow, and little downside. The current stock price took a 2 1/2 point hit on the chin today, and at $13 and change is way undervalued. I made a ton on this stock a little over a year ago, and as it grows by 3 figures percentages this year as well, there is a good chance the stock price will certainly beat the S&P, just as it did last year.

People have challenged me here to offer a company that is growing more than Iomega. I already have. The name is Quigley.