Any info about Iomega (IOM)? Message Board

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

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To: Fred Fahmy who wrote (3085)	6/17/1996 12:26:00 AM
From:	of 58324

Fred, You wrote: "Where demand exists, supply will follow. Wake up and smell the coffee!" _________________________________________________________________________ _________________________________________________________________________ Fred, the coffee smells good from where I sit. However, there is competition lurking in the wings and Iomega will not be the only player to meet the demand you refer to. I suggest you lower your expectations. You will get a clue as to what I mean on Monday after the effects of Monday's WSJ article are digested along with that coffee. Looks like bad news will drive the price down although good news doesn't seem to have any impact on it. That's bad news Fred. Looks like the correction may get accelerated Monday. Monday's WSJ article says: "...there are plenty of threats lurking for Iomega. For one thing, even analysts who like the company and its technology think that its stratospheric stock price has to crash sometime, meaning a possible market backlash. The stock price even now 'is totally out of line, even with potential future profits,' said Dave Bunzel of the Santa Clara Consulting Group." Enjoy that coffee, Frank

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