Any info about Iomega (IOM)? Message Board

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

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To: Fred Fahmy who wrote (8076)	10/1/1996 8:46:00 AM
From: jwk	of 58324

<< Her prediction of two weeks is baseless and ridiculous.>> Even so, she could still turn out to be right... - which still wouldn't change the truth of your statement... - which is one of the many reasons why have little regard for all the short term price action predictions which find their way onto these boards. Somebody usually gets something right, but long term accountablity/consistency is extremely difficult to find. As we put the "challenging" third quarter behind us and head into the much anticipated fourth, I would like to suggest that you step back and see what this company has pulled off since being slammed with the failed secondary offering last February. This has to be one of the all time great management stories. The stock price fell ~50%. Big, powerful competitors where casting huge shadows over the tiny upstart from ROY, UTAH?!. IO's demise was imminent, predictable, and... well... deserved - according to one way of looking at things. Just for a bit of perspective as to the momentum (I mean that in terms of a business plan being put into action - not stock price movement) involved here, click back to the posts from last February. Compare some of the negative views about IO and those investing long in it with recent developments. To me IO's story over these past several months reveals an outstanding demonstration in the craft of management under very difficult conditions. I expect to see more of it over the next several weeks. But, I won't be seeing any of it for several days as we are off to ... UTAH... to enjoy our newest national park. I don't want to make any baseless or rediculous predictions about what the stock price will be when I return - or what announcements will have come out. I just want this management team to keep working their plan.

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