To: Linda Pearson who wrote (2108 ) 10/9/1998 1:11:00 PM From: Tom Carroll Read Replies (3) | Respond to of 10072
Logic Linda, >Via your compilation of Rocky's comments, you just made Iomega >sound like the black plague, scourge of our existence. OUCH! No, I didn't. I revealed how suspect we should be of such arguments when compiled into a comprehensive analysis of the IOM situation. If you _really_ believe such a Catastrophist perspective on the stock, then why in the world haven't you bailed, because it's certain that IOM is going to fold without ever recovering any of your sunk money? Then again, if there's a huge earthquake in Utah later today, maybe even I will start believing all the rantings. (NOT!) <grin> To all, I have a modest proposal. Frankly, I think I'm beginning to see a couple of bright flickers in the news, such as the Dell laptop Zip and the imminent arrival of the Clik!/flashcard device. Nonetheless, why don't those of us who want to restore the discussion here to something other than ranting work together to replace the Catastrophist bear rantings with a more measured bear perspective of our own? It would take the initiative away from the FUDdie-duds. As I posted long, long ago, for example, I do have some concern about Sony and the HiFD. True enough, they're 'way late with it and may never get it to market at all, and even if they do, it may be overpriced or buggy or just too little too late. What happens, though, if they do roll out something that's pretty good but not necessarily fatal to the Zip? What should IOM do? What will happen to the stock during the period of stiffest competition and uncertainty? And so on. Please, no gloom and doom. If in fact IOM crashes and burns, then those of us with IOM holdings will lose our money. There's no use discussing that scenario further. It is indeed a possibility, and if you can't live with that, then you shouldn't be here. At the other end of the spectrum, if Zip fully replaces the floppy and Clik! becomes the universal digital film, then bateh will be posting thousands of exclamation points after the words "TONS" and "HUGE" and we can all meet for one grand party in Tahiti. There's no use discussing that scenario further either. The difficult issue is scoping out the _middle-level_ scenarios. Therein lies the most likely outcome of the situation, does it not? In the absence of hard facts (of which we have few these days), then let's focus our speculation on such issues rather than on fruitless exchanges about Catastrophist scenarios, shall we, and let's start by all playing the bear role for awhile. Cheers, Tom (long IOM)