SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Any info about Iomega (IOM)?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: olduser5/30/1996 8:12:00 AM
   of 58324
 
You guys know I've been wrong calling the IOMG top many times, I called
it at the split adjusted 14 and even now IOMG is at a split adjusted 70.

But when IOMG hit an intra-day high of 55 a week or two ago on a 25%
one day gain I called that a classic "blow off" in which everyone who
was gonna buy, bought. Since then the stock has pulled back about 40%.

I think IOMG is a great company and you guys have been right about the
stock too, but I think I got this part of the IOMG stock story correct.

What about the Motley Gouls? They say fair value for IOMG is about $50
per share based on a price to sales of 4, and I agree with their analysis.

So why didn't they sell when the stock hit $50? The Gouls say they like
to buy a stock like IOMG when it is relatively unknown, hold, let the
institutions discover it, bid the price up, then sell. All this happened
for IOMG, but they didn't sell.

Now the insitutions are dumping it. What are the Gouls waiting for?

MF Klickie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News