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

To: FranW who wrote (49648)	3/10/1998 1:45:00 PM
From: Naggrachi	Respond to of 58324

I did that on purpose, I wanted to see if he'd catch that. :-) The guy always posts things a couple of days after the events take place, if we followed this strategy we'd all be genuises. As to the street loves these stock, that is the dumbest idea I ever hear of and it only shows what little cRocky and Ken P., know about the market. Although, I wouldn't touch these stock's at these levels (didn't bother buying when yhoo was at $9, why bother now) I think the street is valueing these copmanies based on the assumption that the net is going to be as mainstream as tv is today. It's kindda like betting on the networks when tv was just starting out. As a result, these companies were the first and have a huge lead. They say that six months time is like a decade behined, well, these companies have been around for 5+ years and their lead is insurmountable (sp?) Would you want to start a new car company today? It's obvious that the dorks preaching about how the street loves these companies have no idea of what the business world, if not the financial world is all about. If it were only that simple. Gary you post to Ken P., had me cracking up. Zead