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Non-Tech : Any info about Iomega (IOM)?
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To: Teddy who wrote (38691)12/6/1997 10:38:00 AM
From: Dave Krishna   of 58324
 
Re: Time frame

Edward,

The Brous research report certainly reads less than 12 months. Clues
are " near-term horizon is extremely compelling", "engender a premium valuation", and most importantly "The key here is the rollout of n.hand." Iomega says Clik! will be out 2nd half 1998. So rollout should be July 1998 with multiple press releases and advertising announcements prior to rollout. So, imo their report has a time frame of 6-7 months maximum. Current stock prices are based on future expectations, so this is where their premium valuation comes into play, possibly early next year. Anyway you look at it, the stock is a great buy and hold now, especially with Clik! rollout on the way in '98 and a much larger market potential than ZIP.

Regards,

Dave
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