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

To: Naggrachi who wrote (50350)3/17/1998 12:13:00 AM
From: Gottfried  Read Replies (2) | Respond to of 58324
 
Zead, you hit upon one of my pet peeves. You quoted CNBC

>>Mark Hinez said:
" That ___ guest predicted that IOM will be at $6 two years ago and he finally looks like he was right."<<

Stock predictions are useless without a time frame!
So many analysts do this. They'll make a prediction,
then say "I was a little early" (more like a year).

Zead, this is not directed at you. It's just one of
my hot buttons.

GM



To: Naggrachi who wrote (50350)3/17/1998 12:15:00 AM
From: Dale Stempson  Read Replies (1) | Respond to of 58324
 
Naggrachi, One thing I believe is very different with today's news is that their is no question that it is bad. There's no flip side. IMO, there's nothing in the press release that signals this to be a one time event or something that can easily be reversed. Those holding long positions cannot simply write this one off without some serious review.

Regards - Dale


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