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Non-Tech : Any info about Iomega (IOM)?

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To: David Rubin who wrote (24459)6/5/1997 4:05:00 PM
From: Fred J. Ledo   of 58324
 
<This is not a stupid rationalization when referring to Warren Buffett, who has stated
publicly that he will never invest in companies whose business he can't understand,
such as technology.>

What's there to understand. 13 year olds understand what storage is.
I don't believe you have to understand all the technology behind a product to see a need and a demand.

Do you think Warren knows the production method involved in making a Nike shoe, or the secret recipe of Coke. I believe he can value companies based on performance and a sound business plan.

Fred
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