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


To: Alan Rosen who wrote (56725)6/22/1998 4:10:00 PM
From: Ken Pomaranski  Respond to of 58324
 
<< A bear's crystal ball is no clearer than that of a bull. Research is one thing;
predication, opinion and speculation is something else. >>

That's fine.. You can go back to your dream world if you want to. I look at the balance sheet, tie ratios, revenue breakdowns, edgar filings, etc... to form my look to the future. It's not a crystal ball at all. I ask myself, what can pull IOM out of this mess? I can come up with nothing, save a miracle. The bulls are betting on divine intervention and dreams, I invest on the data in front of me, plus a strong eye toward the future. (given current situations)

I want you to do your research, and explain to me how Iomega is going to make money in the future. Explain how the current BS is going to magically disappear and Iomega magically return to profitablity.

To illustrate how bad it can still get, IOM currently has TEN TIMES the market cap of SYQT (another super dog stock). I challenge the bulls to explain to me why IOM is worth 10x what SYQT is worth. Go ahead! I'll refute every point you can throw out here. Once a company gets in this situation, there is no bottom. NONE...

kp