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


To: BBG who wrote (49466)3/6/1998 9:11:00 AM
From: Gary Wisdom  Respond to of 58324
 
J.D. re: <<seems like your whole opinion is based on the last and next couple of months?>>

You're right JD. My opinion is based on the last year for the most part.

All I'm saying is that the multiples accorded this stock have never been anywhere close to where they should be for a company that has posted such great year to year numbers.

So, it doesn't matter if they grow their earnings 200% a year, the Street won't reward them with a fair multiple.

You asked if my opinion was relevant to the company or stock. As I've stated many times since Black Thursday, I do not feel KE is capable of changing this mentality. Note that there hasn't been a beep out of Roy since December 1. They wouldn't even attend the vcall conference in December.

That speaks miles as to their commitment to the shareholder.

On a 3 - 5 year horizon, I think you'll do great with this stock. I'm just cautioning those that have TOO much in their portfolio to lighten up some on rallies.

Anyway, good luck to us all today. Doesn't look too bad so far.