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Non-Tech : Any info about Iomega (IOM)?
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To: Guy Gordon who wrote (2819)6/12/1996 8:17:00 AM
From: Kunal Taravade   of 58324
 
Iomega's days as a fast growing stock over?

I think the days of Iomega's rapid growth (for the past 2 years-
300-500% each year) are over with the institutions coming
into play. I don't think Iomega is over valued, just that
its stock will not rise as fast as it once did. I think
we will all be lucky if the stock reaches 60 by the end of
the year, and about 70-75 by this time next year. The point
is that people who have come on board late in the game (i.e.
past 3-4 weeks) should not expect a 300-600% increase in their
stock value.

Comments?

Kunal
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