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

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To: Dr. Porsche who wrote (49997)3/14/1998 12:42:00 PM
From: Herb Fuller   of 58324
 
Dr. Porsche , Re:>> The Bear Argument <<

I would find it hard to be a bear in the present market in any fast growing issue .

There are posters saying they are shorting MSFT , INTC , MU , IOM , AOL etc. This is very risky to say the least IMO .

There is some $20,000,000,000.00 ,that is 20 Billion Dollars , flowing into the hands of fund managers every month at this point in time and this trend will continue . This money will be going into the stock market as the interest rates are still declining making bonds a poor investment .

To be on the short side of this fast moving train could be financially suicidal to say the least .

Iomega is still on track to move higher . The Iomega board had confidence in this when they decided to split the stock last Dec . The move was not understood by the investment community and the stock dropped because of fear and not facts .

IMO , Iomega has to prove the split was warranted by coming up with a stellar first quarter .

I for one have the confidence that K. E. & company will pull it off .

Long IOM ,

Herb
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