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

To: Mel Boreham who wrote (5383)	12/30/1998 4:52:00 PM
From: D.J.Smyth	Read Replies (2) \| Respond to of 10072

ot. to illustrate the lopsided valuation models of this market; INCLUDING IOM's model, here's a company which reports next week - LAIX, they're into recruiting top level employees and have other operations as well. The company is trading at $6, yet they have over $6 in cash stashed, no debt, with nearly 100% revenue growth during the past twelve months. The company reported that they're going to breakeven this qtr due to their newly established London office coming on slower than originally planned. However, the London office was "coming on slower" because the financial services sector fell apart mid-summer. But, my God, the sector has been coming back toward the end of this year; and the euro change is supposedly going to rachet up interest in Europe's stocks next year which should create more financial service jobs there - the financial services area being one of LAIX's specialties. Now, tell me, you'd think the market would give this puppy at least $1 for it's business in addition to its cash wouldn't you? I was told to buy some at $6 and $7 (just doing what I was told to do - just to spite the woofers?). What does one do with small caps? Push the envelope for 1/2 points? Give me a break. I mean this scenario goes on and on with the small caps. Little research (or Johnny Come Lately research) is being conducted on companies relative to their balance sheet and potential. IOM especially included. Some year-end spouting.

To: Mel Boreham who wrote (5383)	12/31/1998 1:43:00 AM
From: Michael M	Respond to of 10072

Mel, good points all. Re. 'buying some tomorrow (today)', I'm in with you (Big) if the quote holds or drifts down just a bit. Believe stars are aligned to favor major run-up pre & possibly post earnings. Senate trial effect can't be ignored (or predicted). I lean toward Murphy's law scenario. My record trying to forecast Clinton impact on market is poor. FWIW, missed huge payday in '93 due to bailing with modest profit on whole bunch of Chrysler calls.....why?......went all cash prior to Clinton's first Presidential Memorial Day event at V Vet Wall. Had an uneasy feeling. BTW, think The Man and cast of aprox. 1,200 arrived my neighborhood (Hilton Head Island) tonight. Keeping eye out for guys in dark suits and ear pieces walking the beach in the morning.....have instructed Bonnie the Labradog to seek out and cozy up to that Buddy guy and report back to me. Will let you know if we learn anything. :-) Mike