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


To: Cogito who wrote (57989)11/11/1998 11:12:00 PM
From: Cogito  Respond to of 58324
 
All -

Amazingly, even after the past four days' action, IOM has still outperformed YHOO over the past month. Here's a link to a comparative chart.

quicken.excite.com

Of course, if you are reading this post more than a couple of days from now, the relationship shown on the chart may have changed.

The comparison between IOM and YHOO is meaningless, of course.

YHOO has been a super performer pretty much since the IPO. It is hard to figure out how a company which has never shown a profit over the course of any 12 month period could rate a market cap as large as that of J.P. Morgan. (Over 16 billion dollars!)

They have reported two profitable quarters, though not consecutively, with a net loss, year to date, of 21 million bucks. Yet the price keeps going up. Most likely, today's drop of 11 points is only insignificant profit-taking after an amazing upward run.

I really wonder what a two year chart of Yahoo will look like, one year from now.

- Allen