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

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To: Cogito who wrote (3495)6/26/1996 12:33:00 AM
From: Dale Stempson   of 58324
 
Allen, I wouldn't sell now either. At these levels, the next "good news" press release from Iomega will certainly move the stock back up. That will be a refreshing change. The bottom line in this nervous period is earnings. A good earnings report will move the stock back up OR it would have justified the higher stock price if the stock had remained there. In both cases the result is the same. I believe the current weekness is associated with the softness in the PC market. This WILL have an impact on Iomega. However, I continue to invest in companies that can grow in the face of a slowing market. Iomega is increasing their market share daily, and when PC sales perk up, Iomega will rocket.

Tomorrow may be painful, but what the heck, no-pain-no-gain. Dale.
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