Any info about Iomega (IOM)? Message Board

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

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To: macwu who wrote (3621)	6/26/1996 9:08:00 PM
From: mike cobble	of 58324

IOMG is experiencing indigestion similar to 3 weeks before last qrtrs earnings. Yes a 3 week trip would be good for all, especially the doomsayers trying to buy at 15. We'll see but I was more than happy just before close at 21. What a bargain and yes I'm glad Cabot is out and the hype will die. Now IOMG can continue to sell itself and we can pu the bad IOMG market sentiment behind us. I feel bad for those investors caught in the momentum hype. Yes I am long on IOMG, attended the shareholder meeting, have researched the product and potential, am not in love with the stock, have bought and sold IOMG. For those who bought >30, hang in there. This stock once again is fairly valued 25-50 this year as long as the story stays the same and there is NOTHING to indicate anything has changed. The downside risk is now minimal with great upside potential. Even my broker is starting to buy IOMG and he is Conservative "blue chip" to the core. What a bargain. good luck, don't give those shares up cheap. Mike

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