Any info about Iomega (IOM)? Message Board

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

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To: Young D.T. Nguyen who wrote (2450)	6/5/1996 4:32:00 AM
From: DAVID LU	of 58324

Nguyen & Joe, I believe that IOMG ZIP will became a standard. Actualy, I was pushing internally to talk to IOMG about our devices about one year ago. But.... As in the hard disk drive industry, even though IOMG are selling the drive at around $200. I believe the cost is less than $100. I would bet on that the price will reduce even further when they are able to boost up their capacity. But the drives is not where they expect to make money. It is the zip disk that they exepct to get huge profit from. Fuji film is the one that make it. But does anyone find out what is the deal between them?? I do not short the stock (no gutts). I do not keep the stock long (no need). There are too many SHARKs around this stock. between $35 to $38, I am buying. $48 and above, happilly sold. Still I do not think you too should be enemy. Short term, I like Joe's calculation. Long term, I believe Nguyen is right. The stock should and deserve go higher. I think that IOMG will go over $45 and then I do not know..... If I have Nguyen's faith on c-cube, and not greedy on c-cube like Joe My networth should be ten fold. ..... Any other good stocks available?? DAVID LU

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