Any info about Iomega (IOM)? Message Board

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

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To: Thomas J. Smith who wrote (25865)	6/25/1997 6:27:00 PM
From: PF	of 58324

What all of you are not building into your projections is the potential impact of new news from Iomega. One major favorable announcement could start this stock moving up again. Has the company played all its cards? Or, will we see more great news in the days to come? I think the stock is about down to where it should be based on the available information. Another piece of great news and this stock will be testing the $23-$25 range again. I am back in at $20.75 today and I feel pretty good about it. Looking at IOM relative to current overall equity valuation levels, I'm not expecting the stock to drop below $19.75 ever again. Of course, if the whole tech market were to come crashing down it would take IOM with it. Hope we (longs) all make some money. - Pete

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