Any info about Iomega (IOM)? Message Board

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

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To: Jay Rommel who wrote (7939)	9/27/1996 11:24:00 PM
From: eDollar.com	of 58324

Jay, don't be dishearteaned. What do you expect, IOMG to go up every day. It is good to read a thread, but do your own analysis. I myself bailed out of IOMG today at 24.xx. I think for the short term IOMG is trying to stabilize. I sold because the way it dropped. But I enjoyed the ride and sold at the first sign of weakness. I dont have the nerves to hold IOMG long or short, in a retirement account. IOMG is a story stock. It is not hype. It is a real co with real product which in my opinion will be very popular someday. If you are long then you really have very less to loose over a good timeframe ( 2 yrs). But dont dare to short this. Buy puts instead. IMHO, at 20 also it is way overvalued if you look to next quarter earnings. But you pay a big premium for solid growth cos. Historically, succesful cos have had a big PE when they were at infancy. Look at P.E of INTC, MSFT, CSCO, etc when they started. IOMG is one such emerging co in the removable storage area.

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