Any info about Iomega (IOM)? Message Board

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

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To: ricktang who wrote (2536)	6/6/1996 2:50:00 PM
From: Joe Rizzo	of 58324

Does the Chiros analysis take into consideration new competition? I understand that Western Digital is presenting at the Paine Weber conference in NY tomorrow. The company will display its new 3" removable disk product which will be formerly announced in July or August. I also understand that Al Shugart has been saying that everytime Seagate looks at the business Iomega is in, they reject committing funds to it. He also has been saying that the only worry he has concerning Iomega is that he told his wife not to buy the stock when it was four dollars. I think he is crazy, but I would love to see that market analysis. Finally, any thoughts on a removable disk product like Western's would be appreciated. Joe Rizzo JMR Trading PS I put my 1/3 short back out--it still comes down to that $5.6 billion valuation when the stock is $39.375. Plus all my trader friends who have stuck it out on the short side are covering--just relieved that they survived. I have found that when this happens, there is more left in the move. PPS - Any chance you can email me that Chiros analysis @jmrtrade@mail.idt.net. I do not feel like scrolling through the hundreds of inane comments. Thanks.

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