Any info about Iomega (IOM)? Message Board

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

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To: bull who wrote (9809)	10/23/1996 1:34:00 PM
From: Cogito	of 58324

You kill me, BS. This is a good one. >>Then, after the show and through the holidays-all kinds of positive announcements. 6th million shipped, etc, The stock has a nice steady climb-maybe $40-$45 because IOMG is everywhere. After 4Q announcement-the "rebate" problems hit the fan. Earnings get crushed. Everyone's excessively high "earnings" expectations get shattered. Panic sets in. The stock dives the next day, and continues to slide for the next few months as all the negative press starts to snowball. (Sound familiar?)<< It sure does sound familiar. It sounds just like the gloom and doom scenarios you were predicting for just after 3Q announcements, when Iomega announced their loss. I can't predict the future, but so far you're not exactly batting 1000. I hope you're right about the 40 to 45 number, though. That would help a lot around the holidays. - Allen

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