Any info about Iomega (IOM)? Message Board

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

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To: danh t huynh who wrote (2843)	6/12/1996 6:59:00 PM
From: Ken Pomaranski	of 58324

The stock is acting very 'tired' these days. The biggest reason is that Iomega is associated with other momentum stocks, most of which don't have a real product, or earnings to speak of. Presstek, IDID, etc, have really put a number on Iomega. Give the stock a chance to rest. Write some calls for income or something.. Once the 'small fry' move out, the institutions start building positions (a lot of this is happening now), and the short position builds up again (Iomega is all hype!!! It doesn't have real products!! etc.. etc... ;) You'll see a big move again.. Big enough that you'll wish you hadn't sold and you'll wish you shorted a non-product company. Most of you laugh here when I mention this, but with all these OEM deals, disk sales forever, etc.. We are seeing another Microsoft in the making. 150 million in sales to 5 billion and beyond by 1999, who can argue? Is this growth or what? you're seeing history in the making... Now about your comment 'I take SYQT over IOMG any day'. I just about died laughing! Go ahead and pour your money into a company that's going bankrupt! Go ahead and short the company that has a peripheral in 4 of the 5 top PC makers. Good luck danh... kp

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