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Non-Tech : Any info about Iomega (IOM)?
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To: Tim J. Flick who wrote (6221)8/18/1996 8:38:00 PM
From: Stan Walker   of 58324
 
Tim, I don't think I give the analysts too much credit. After all, they are professionals and they do just what I do, only they do it in more detail. The street pays attention to them, so no matter what I think about the analysts I have to factor their comments into the equation. That's a little lesson I learned the hard way. A few months ago I received a copy of the analysts report from that guy at Emerald. I read the report and through it into the trash can. I thought he was full of ****.! I don't remember the report exactly, but he said the company was good long term but he foresaw a near term drop to 26 and that Iomega would be at 16 within a year. Now I have a little bit more respect for analysts.
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