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

To: Senthil Sankarappan who wrote (8577)	3/28/1999 5:41:00 PM
From: Ken Pomaranski	Read Replies (1) \| Respond to of 10072

<< Who said that market values companies purely based on earnings only? How much do these internet GOD companies make? It is all market perception of future earnings. >> True, but you are missing something big. Earnings and stock price are tied together by a rather loose rubber band. In the end, stock price ALWAYS reflects fundamentals. In the short term, however, ANYTHING can happen. So yes, you do need to predict the future. And yes, one indicator of the future is the past. kp