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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?

To: Serge Collins who wrote (3398)	11/6/1998 1:16:00 AM
From: Raven McCloud	Respond to of 10072

Thanks Serge for the clarification. I didn't mean to imply that the momentum was strictly related to frenzied buying; just that some of the buying is related to the herd instinct. However, you elequently made your point about how the magnitude of the increase is amplified by the low price IOM has been resting at for awhile. Yes, the move "appears" exagerated right now due to the low price it's coming off of. The question is, and you alluded to it by saying we're many points short of IOM's just valuation, is what is IOM's current just valuation? We can give IOM a "just valuation" now based on all the current #s out. However, this "just valuation" wouldn't account for how the demise of Syqt will add to IOM's bottom line, and then there's Comdex and any news that is forthwith coming. Is the street factoring in all the potentials and beginning to realize that IOM's current price isn't "justly valued?" Raven